Thursday, October 27, 2011

How Income Inequality Destroys Societies

How Income Inequality Destroys Societies:

“I think the intuition that inequality is divisive and socially corrosive has been around since before the French Revolution. What’s changed is we now can look at the evidence, we can compare societies and see what inequality does.”

Life expectancy, rates of violence, incarceration, literacy, mental illness, substance addiction, school bullying and basic values such as trust — all are strongly tied to a nation’s level of income equality, and surprisingly not connected with national “prosperity” or economic growth. A TED talk from British researcher Richard Wilkinson:

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