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Why is the Income Gap a Problem?

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| January 01, 2004 | COPYRIGHT 2004 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Journal of Japanese Trade & Industry (JJTI))

Byline: Inoki Takenori

There has been much talk in recent years about the widening income gap in Japan. "A widening income gap" poses a tremendous impact on society, because it projects the dubious association of ideas that society is becoming "unequal" both in "opportunity" and "result," thereby threatening to add to people's dissatisfaction with society. Therefore, it is necessary to consider not only whether the income gap has actually widened, but also why the pros and cons of a widening income gap have become a problem, why it is a key issue for contemporary industrial society and how the ...

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