Wednesday, July 18, 2007

Mo Rich, Mo Po

Reports by the Joseph Roundtree Foundation have found that inequality in Britain is at its highest level in forty years, and that people have noticed this. Segregation by income has increased, the BBC comment notes. The second report notes that "In 2006, 55 per cent of people thought there was 'quite a lot' of poverty in Britain. Only 13 per cent thought it would fall in the next 10 years." Fatalism about inequality is growing even faster than inequality itself, insuring that both will continue to accelerate. Unfortunately the reports do not contain a leadership self-righteousness index.

No comments: