Topography of Fractures: Inequality as a Seismograph of Capitalism

This text provides a profound analysis of the structural tensions of the contemporary economic system, employing the geological metaphor of a fault line. Drawing on the work of Raghuram Rajan, the author argues that rising income inequality is not merely a side effect of growth but a warning sign of deep rifts between the market and democracy. The article exposes the policy of easy credit as a social palliative that has replaced real redistribution and wage growth, leading to increasing systemic risk. The mismatch between human capital and the demands of a knowledge-based economy and global macroeconomic imbalances are also analyzed. The overall work sheds new light on the logic of the financial sector, which exploits state security guarantees, creating a dangerous tail risk for global stability.