Saturday, October 18, 2014

Video - How Economic Inequality Hurts Societies


This TED talk by Richard Wilkinson is prescient in light of a recent report by Standard & Poor's which shows that US economic inequality is at its worst point since the 19th century. Inequality was also the theme of this year's Blog Action Day which took place on October 16th.

In this video, Wilkinson explains how societies with the largest gaps between rich and poor tend to be those with the lowest levels of well-being and satisfaction. Using hard data, Wilkinson also details the detrimental effects from inequality which includes impacts on health, lifespan, trust and respect.

Related
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Video - George Soros Says We Need to Rethink Economic Theory
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Creative Capitalism: Market-Based Social Change
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