Abstract:The transition to expanded production and the exit from the Malthusian trap, two of the most important components of modernization transition, lead to a long-term trend of per capita GDP growth, and hence of the level of income and material well-being of the population. The question whether the factor of wealth affects the structure of individual human values and, if so, what are the directions of this impact, has been a subject of rather intense scholarly discussion. Two of the most developed theories in this… Show more
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