Tag Archives: inequality

How does your income compare to everyone else?

Having written about income inequality in the UK earlier in the week, here is an international perspective: www.globalrichlist.com, which lets you put your own income into a global perspective. Ready your decimal places and tap away…

Posted in News | 9 Comments

British inequality continues its post-2005 rise

This week the OECD published its latest analysis of inequality in the UK, including (another) graph in which 1997 is not a turning point but rather this time 2005:

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How much do the richest 1% in the UK receive?

Here, courtesy of the Centre for Economic Performance, is how the share of income going to the richest 1% has changed since the start of the last century:

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What does the public think about income inequality?

Here, courtesy of the latest British Social Attitudes survey (published last year) is the answer:

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LibLink: Simon Hughes – Profits must no longer go to the few at the top

Over the weekend, Liberal Democrat deputy leader, Simon Hughes, penned a piece for the Guardian’s Comment Is Free site arguing that Britain needs to become a more equal place both in terms of the distribution of wealth and of opportunity.

Here’s a sample:

We must now focus on the redistribution of wealth. But this will not succeed by means of greater hand-outs. Financial benefits must seek to engage people positively. The redistribution of hope and opportunity means the redistribution as well as the creation of work. Co-operative and mutual businesses and social enterprise should be prioritised. The private sector, like the public

Posted in LibLink | Also tagged and | 16 Comments

How does The Spirit Level withstand a critic?

The success of Richard Wilkinson and Kate Pickett’s The Spirit Level (reviewed here in August) in setting the terms for much political discussion unsurprisingly triggered a burst of publications taking a sceptical look at their case. Prime amongst these is Policy Exchange’s publication Beware False Prophets, by Peter Saunders, whose title gives you a fair clue as to its line.

As the book says on its back cover:

In The Spirit Level, Richard Wilkinson and Kate Pickett claimed that egalitarian societies benefit rich and poor alike. Crime rates are lower, infant mortality is reduced, obesity is less prevalent, education

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Book review: The Spirit Level – Why equality is better for everyone by Richard Wilkinson & Kate Pickett

Although first published under a Labour government in 2009, this book is still highly relevant now we have a Conservative / Liberal Democrat coalition. In fact, it is even more relevant because the current political and economic circumstances are forcing Liberal Democrats to think carefully about how much we are worried about inequality of outcome. Wilkinson and Pickett argue that widespread inequality helps increase a huge range of social ills, with the result that everyone suffers – even the most well off. Inequality in their view isn’t just bad for the poor, it’s also bad for the rich.

Posted in Books | Also tagged , and | 13 Comments

Daily View 2×2: 11 February 2010

Well, let’s see. First the earth cooled. And then the dinosaurs came, but they got too big and fat, so they all died and they turned into oil. Then it was February 11th and time for Daily View, on this, Canadian actor Leslie Nielson’s birthday.

He shares the date with the Beast of Bolsover, Dennis Skinner, and Caribou Barbie, the Republican Vice Presidential candidate Sarah Palin.

Other notable occurrences today include the death of Sylvia Plath in 1963 and the début of Julia Child’s US TV show The French Chef in 1963. If you’ve never seen it before, go see Julia making omelettes.

2 Cheerful Stories

British Retail’s “irreversible downward spiral”

The Guardian has news that some British towns and cities have so many empty shops they may never recover:

Many of Britain’s towns and cities are suffering from such huge shop vacancy rates that they risk becoming ghost towns, wiping hundreds of millions of pounds off property values, a study revealed yesterday.

Cities such as Wolverhampton and Bradford, where nearly a quarter of shops lie empty, could be on an irreversible downward spiral as a result of the financial crisis. The research by the Local Data Company shows retail vacancy rates across Britain rose 2% in the past six months of last year to 12%, with some towns seeing as much as 24% of its shops lying empty.

“As much as 24%” ? What’s wrong with “Almost a quarter” ?

Oh, and NB, the photo in the story is my home city Nottingham. I’m not sure where it was taken, but it’s not really typical of the city.

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