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How Cultures Shape Economies. Differences in Preferences for Redistribution in the USA and Europe

Title: How Cultures Shape Economies. Differences in Preferences for Redistribution in the USA and Europe

Bachelor Thesis , 2020 , 38 Pages , Grade: 1,0

Autor:in: Inga Risle (Author)

Business economics - Miscellaneous
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Summary Excerpt Details

There is a remarkable difference in preferences for redistribution in Europe compared to the USA. Various authors have already attempted to explain this difference and provide empirical data on the matter, indicating that cultural and historical contrasts lead to different preferences. The topic of this paper is the question of how these differences can be explained by cultural imprints.
Research shows that redistributive preferences are influenced by views on fairness, the level of altruism and beliefs about income mobility and efficiency. Cultural predispositions can shed light on contrasting fairness views and divergent social beliefs. Therefore, cultural theories and core cultural concepts such as American Exceptionalism will be introduced in order to enable an interpretation of economic research papers on redistribution from a cultural perspective. By combining the findings of cultural, as well as economical literature a new perspective and different understanding of the reasons for contrasting redistributive preferences can be gained.
 

Excerpt


Inhaltsverzeichnis (Table of Contents)

  • 1. Introduction
  • 2. Key Terminology of Distributive Justice and Equality.
    • 2.1 Distributive Justice
    • 2.2 Fairness: Equality Versus Inequality
  • 3. Culture
    • 3.1. Definition of Culture.
    • 3.2. American Cultural Concepts
  • 4. Alesina, A. and G.M. Angeletos: Fairness and Redistribution..........\n..15
  • 5. Alesina, A. et al.: Why Doesn't the United States Have a European-Style Welfare\nState?
  • 6. Almås, I. et al.: Cutthroat Capitalism versus Cuddly Socialism: Are Americans\nMore Meritocratic and Efficiency-Seeking than Scandinavians?
  • 7. Conclusion........

Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)

This paper aims to investigate the differences in preferences for redistribution between the USA and Europe, specifically exploring how cultural imprints contribute to these disparities. The research delves into the influence of cultural concepts on individuals' perceptions of fairness, altruism, and beliefs regarding income mobility and efficiency, which in turn shape their views on redistribution. By analyzing relevant research papers and incorporating a cultural perspective, the paper seeks to provide a nuanced understanding of the reasons behind contrasting redistributive preferences.

  • Cultural influences on distributive preferences
  • Contrasting preferences for redistribution in the USA and Europe
  • The role of fairness and altruism in redistributive choices
  • American cultural concepts like The American Dream, Individualism, and American Exceptionalism
  • Economic research on redistribution from a cultural perspective

Zusammenfassung der Kapitel (Chapter Summaries)

The paper begins by introducing key terminology related to distributive justice and equality, particularly focusing on concepts of fairness and the tension between equality and inequality. It then delves into the concept of culture, providing a definition and exploring specific American cultural concepts, such as The American Dream, Individualism, and American Exceptionalism.

The paper subsequently examines three research papers that investigate the relationship between culture and redistribution preferences. These papers focus on different aspects of the relationship, including the influence of fairness, altruism, and beliefs about income mobility and efficiency. Through a discussion of these papers, the author highlights how cultural imprints play a significant role in shaping individual preferences for redistribution.

Schlüsselwörter (Keywords)

The core keywords of this paper include: distributive justice, equality, fairness, redistribution, culture, American Exceptionalism, individualism, The American Dream, social spending, income inequality, and redistributive preferences.

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Details

Title
How Cultures Shape Economies. Differences in Preferences for Redistribution in the USA and Europe
College
University of Passau
Course
International Cultural and Business Studies
Grade
1,0
Author
Inga Risle (Author)
Publication Year
2020
Pages
38
Catalog Number
V902700
ISBN (eBook)
9783346196965
ISBN (Book)
9783346196972
Language
English
Tags
Distributive Justice American Culture
Product Safety
GRIN Publishing GmbH
Quote paper
Inga Risle (Author), 2020, How Cultures Shape Economies. Differences in Preferences for Redistribution in the USA and Europe, Munich, GRIN Verlag, https://www.grin.com/document/902700
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