Worsening Economic Inequality Yields Worsening Social Conditions

<p>On this week’s Economic Update, Professor Richard Wolff discusses Kate Pickett's and Richard Wilkinson's best-selling study in the book "The Spirit Level" (2009), showing how economic inequality correlates with most of the major social problems of our time. </p> <p>We will juxtapose their latest paper "The Spirit Level at 15: The Enduring Impact of Inequality" Which details how economic inequality has only gotten worse since the past fifteen years, despite government laws and programs aimed to "reduce" inequality. </p> <p>Wilkinson and Pickett show how inequality leads to severe social ills, divisions, and disintegration. What we need is to face...