Important week in inequality debate

In: Uncategorized

11 Dec 2011

I do not have time to go into them in detail but there were some important developments this week in the debate about inequality:

* America.  Barack Obama gave what was widely regarded as a landmark speech in Kansas. It attacked inequality, demanded fairness and called for the development of a new nationalism.

* Britain. The latest edition of the annual British Social Attitudes report showed that Britons are generally concerned about social inequality but not in favour of redistribution.

* Trends in the developed world. The Organisation for Economic Cooperation and Development (OECD) published a report, Divided We Stand, which sought to explain why inequality has widened in the developed world over the past three decades. For many useful links on this discussion from the Sloman Economics news site see here.