The article is based on the author’s research paper, ‘The Ninety-nine Percent and the One Percent’.
Income inequality plays a negative role on human development in any country irrespective of its HDI level. The increasing income inequality that is happening all over the world, including the developed countries, may lead to deterioration in human development.
This comes down as a good example of structural violence, defined as:
“Structural violence refers to any scenario in which a social structure perpetuates inequity, thus causing preventable suffering. When studying structural violence, we examine the ways that social structures (economic, political, medical, and legal systems) can have a disproportionately negative impact on particular groups and communities.”