Doctoral thesis (Dissertations and theses)
Addressing inequality in post-growth societies. A pragmatist inquiry into the realisation of income and wealth limits
François, Martin
2025
 

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Keywords :
Inequality; Post-growh; Degrowth; Limits; Income caps; wealth caps; Maximum income; Public support; Pragmatism; Vignettes methodology; Policy entrepreneurship
Abstract :
[en] Since antiquity, intellectuals have debated how wealth should be fairly distributed. This thesis aligns with this long-standing tradition but does so in an unprecedented context marked by rising economic inequalities and an escalating ecological crisis. It investigates how inequalities might be reduced in a “post-growth” society – one that places human well-being at the centre without relying on economic growth as its primary engine. The thesis offers an innovative perspective by shifting the focus from poverty reduction to the regulation of extreme wealth itself, with particular attention to income and wealth caps. The first part argues that extreme wealth constitutes both an ecological and social problem: it fuels inequality, exacerbates the ecological crisis, and hinders necessary transformations. The thesis examines how policies of income and wealth caps could address this issue, explores their possible design options (such as maximum wages or maximum incomes), and analyses their historical role in reducing inequality in Western countries. The second part adopts a more empirical approach, exploring the conditions under which the public supports a specific measure – maximum income. Interviews and surveys conducted in Belgium reveal much higher levels of support than commonly assumed, reaching up to 65 %. The thesis concludes by discussing the potential emergence of a new inequality-reduction paradigm in which regulating extreme wealth becomes a central objective, thus outlining possible pathways towards implementing income and wealth limits in contemporary societies.
Research Center/Unit :
CES - Centre d'Économie Sociale - ULiège
Disciplines :
Special economic topics (health, labor, transportation...)
Author, co-author :
François, Martin  ;  Université de Liège - ULiège > HEC Liège : UER > UER Management : Social Entrepreneurship
Language :
English
Title :
Addressing inequality in post-growth societies. A pragmatist inquiry into the realisation of income and wealth limits
Defense date :
14 November 2025
Institution :
ULiège - Université de Liège [HEC], Liège, Belgium
Degree :
PhD in Economics and Management
Promotor :
Maréchal, Kevin ;  Université de Liège - ULiège > Département GxABT > Modélisation et développement
Mertens de Wilmars, Sybille ;  Université de Liège - ULiège > HEC Liège Research > HEC Liège Research: Social Enterprise and Collective Action for Transition (SECAT)
President :
Xhauflair, Virginie  ;  Université de Liège - ULiège > HEC Liège : UER > UER Management : Social Investment and Philanthropy ; Université de Liège - ULiège > HEC Liège Research > HEC Liège Research: Social Enterprise and Collective Action for Transition (SECAT)
Jury member :
Roman Philippe;  Ichec Brussels Management School
Koch Max;  University of Lund > School of social work
Olivier De Schutter;  UCL - Catholic University of Louvain
Available on ORBi :
since 19 November 2025

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