Research in Cards/Videos

What's the difference between gap and inequality?

  • Date 2024-02-28
  • Hits 430

To select English subtitles, click on the Settings icon at the bottom right-hand corner of the screen, click on the option labeled "subtitles/CC, and choose English.


Video Description

Type: KIHASA Policy Featurette

Topic: What's the difference between gap and inequality?

Guest Speaker: Lee, Tae Soo, President, KIHASA


Transcript

Before exploring the “gap society,” let me explain the difference between ‘gap’ and ‘inequality.’ Inequality refers to a condition in which income, assets, and the like are not equally distributed. However, Korean society today is better captured by ‘gap’ than by ‘inequality.’ Gap refers to a divergence between two groups in terms of income, wages, living standards, and so on. Unlike inequality, gaps have inherent characteristics. Over time, gaps lead to a daunting situation we know as polarization. Polarization is the segregation of one group into two, the bitter consequence of which is impeded social integration.

공공누리 공공저작물 자유 이용허락, 출처표시, 상업적 이용 금지, 변경금지