Hello, and welcome to today’s Inequality Report…

Hello, and welcome to today’s Inequality Report…


Hello, and welcome to today’s inequality
report. High pressure fronts of inequality are sweeping
over the United States, the U.K, Portugal creating an increase in violence, drug dependence,
obesity, teenage births and premature death..here, here and here…
Meanwhile Scandenavia and umm…Japan are experiencing a sustained jet stream of equality
causing thermal pockets of trust, social mobility and better health to spring up throughout…
Looking into the next few years this prevailing wind of awareness will hopefully sustain itself
right across the country and indeed throughout the world, dispersing the dark clouds of inequality
and bringing in a brighter period of sustained wellbeing.
We’ll be back for another inequality update, just after the 10 o’clock news. That’s
all for now and a very good day to you all. To find out how inequality affects us all,
read the spirit level by Richard Wilkinson and kate pickett or go to equalitytrust.org.uk

Author: Kennedi Daugherty

20 thoughts on “Hello, and welcome to today’s Inequality Report…

  1. @shanehogandublin hi, upon your request I have uploaded the transcript which you can now find in the description. I did try to upload as caption subtitles but it came out as gobbledey gook!

  2. @shanehogandublin great. have also managed to sort captions so you can now watch it with subtitles too. best. Mr B

  3. The Spirit Level is an awesome book. The data it provides has given me a lot of insight. I live in the US & I love the charts comparing the states. Texas & California are both wealthy states with high wealth disparity & they also have high rates of social problems. I live in Iowa which is slightly below average in wealth while being highly ranked in wealth equality & yep Iowa has low rates of social problems. It goes to show you that wealth is only good if it's used towards the good of all.

  4. Great! 🙂 But I'd like to point out a minor detail (well, not that minor actually, but anyway): At least parts of Scandinavia (i.e. Sweden) isn't exactly "experiencing a sustained jet stream of equality causing thermal pockets of trust, social mobility and better health to spring up". Unfortunately our current government here in Sweden is striving hard to stop all that. Just thought that you might like to know that (unless you already know it — then ignore my comment).

  5. @AtheistTower Many people claim various private sector solutions would take care of social ills. But all of it is theory. If private sector solved all problems, we wouldn't have these problems in the first place. We can look back to previous centuries prior to big govt & yet the problems were even worse. When the govt was intervening the most in the early 20th century, the middle class & social mobility was growing & the infrstructure & education were heavily funded with high tax rates.

  6. @AtheistTower Here are the facts. From the 1940s to 1980, the highest marginal tax rate averaged above 70 percent. Unionization was higher & markets were highly regulated. What happened during this era? Wealth disparity decreased. What happened after this era when taxes were cut, unions were busted, & deregulation was implemented? Wealth disparity increased. The root cause of the problem is corporations. Corporations never have & never will solve their own problems that harm the lower classes.

  7. @DrEnsamhet finally, someone that is content with the status quo. I thought your type of people had vanished from the earth, but apparently not.

  8. @DrEnsamhet I am of the opinion that we can create more of 'your breed' by changing the welfare state into a free society with less taxes, less regulations, less government spending and a system of sound money.

  9. Finland and Norway, kind of same ethnic group, different results, in this case regarding education, not income distribution. Look for El revolucionario sistema educativo finlandés here on youtube, english subtitles available.

  10. The truth is that a free market system drives economic growth and infrastructure. However at a certain point this economic growth through a free market system seems to stagnate and provides no additional benefit to a soceity as opposed to a regulated mixed economy model which improves overall health, reduces crime etc

  11. Everyone should read that book. The stereotype threat mentioned, for example: people perform worse when feeling inferior… Reduce reasons to feel inferior: increase performance.

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