The Economic Theory of Inequality: A Comparative Analysis of Functional and Personal Income Distribution in the Context of Technological Shift

This article defines key terms relevant to the topic of the study (the economic theory of inequality, the functional distribution of income, and personal income distribution). It also substantiates the relevance of the economic theory of inequality in the context of a comparative analysis of the functional and personal income distribution in the context of technological shift. The socioeconomic and psychological causes of income inequality in Russia are identified. The Gini coefficient, which quantitatively illustrates the level of income inequality, is analyzed. Furthermore, average wages and inflation rates are compared to provide a comprehensive understanding of income inequality.