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The inequality lie
Manage episode 512943211 series 3475482
Right-wing commentators claim inequality in Britain is falling. It isn’t.
The Office for National Statistics says the Gini coefficient has improved — but the truth is that it ignores capital gains, wealth accumulation, debt, and inflation that hits the poor hardest.
In this video, I expose the real story behind Britain’s growing inequality and why official data is misleading, as well as suggesting what we need to do to tackle this issue.
311 episodes
Manage episode 512943211 series 3475482
Right-wing commentators claim inequality in Britain is falling. It isn’t.
The Office for National Statistics says the Gini coefficient has improved — but the truth is that it ignores capital gains, wealth accumulation, debt, and inflation that hits the poor hardest.
In this video, I expose the real story behind Britain’s growing inequality and why official data is misleading, as well as suggesting what we need to do to tackle this issue.
311 episodes
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