Thanks to Geoff Riley of the Tutor2u blog for this amusing clip of the inequality weather forecast. In earlier posts I mentioned the book that the clip is advertising – “The Spirit Level”. The book shows that there are a significant negative effects of the increase in inequality in an economy. Many graphs are presented which show how certain variables are influenced by the level of inequality. Here are some of their conclusions . Inequality:
*causes shorter, unhealthier and unhappier lives;
*increases the rate of teenage pregnancy, violence, obesity, imprisonment and addiction
On almost every index of quality of life, or wellness, or deprivation, there is a gradient showing a strong correlation between a country’s level of economic inequality and its social outcomes. Almost always, Japan and the Scandinavian countries are at the favourable “low” end, and almost always, the UK, the US and Portugal are at the unfavourable “high” end, with Canada, Australasia and continental European countries in between.
If Britain were instead to concentrate on making its citizens’ incomes as equal as those of people in Japan and Scandinavia, we could each have seven extra weeks’ holiday a year, we would be thinner, we would each live a year or so longer, and we’d trust each other more. Guardian Newspaper