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Inequality driving 'deaths of despair' - BBC News
there is income inequality
there is health inequality (air)
there is political inequality, your voice only heard when you have money to donate and can pay lobbyists.
>> electoral reform (1), limit lobby influence and party donations (2), citizens assembly, devolution might have failed.

Widening inequalities in pay, health and opportunities in the UK are undermining trust in democracy, says an Institute for Fiscal Studies report. [...] The think tank warns of runaway incomes for high earners but rises in "deaths of despair", such as from addiction and suicide, among the poorest.

It warns of risks to "centre-ground" politics from stagnating pay and divides in health and education.

The report says such widening gaps are "making a mockery of democracy".

The Institute for Fiscal Studies (IFS), one of the country's leading research institutes, is launching what it says is the UK's biggest analysis of inequality.

That will be chaired by Nobel Prize-winning economist Prof Sir Angus Deaton.

[see second graph, poorest got poorer ]

Angus Deaton - inequality of political voice

inequality  No  Representation  democracy  Brexit  DonaldTrump  Donald  Trump  Europe  AfD  poverty  trap  suicide  self-medication  drug  abuse  addiction  alcoholism  sickcare  Austerity  GFC  NHS  mental  health  Universal  Credit  stigma  prejudice  nasty  party  Conservative  OECD  gini  Coefficient  Angus  Deaton  Westminster  bubble  lobby  exploitation  rentseeking  Economics  Rentier  vested  interest  1%  tax  evasion  avoidance  underinvestment  history  globalisation  revolving  door  subsidies  subsidizing  subsidising  life  expectancy  premature  death  job  security  insecurity  Gesellschaft  Zivilgesellschaft  Society  Psychology  Sociology 
9 weeks ago by asterisk2a
(1086) Middle Class Loses, Plutocrats Win With Trump's Tax Cuts - YouTube
and the 10% the new Aristocracy.
Trump with this tax cut program cut himself short and in trouble
Also broken promise on infrastructure spending
Also broken promise on health care.
DonaldTrump  Donald  Trump  tax  Plutocracy  Oligarchy  GOP  1%  10%  middle-class  American  Dream  USA  economic  history  GFC 
february 2019 by asterisk2a
UK recovery is slower than US after Great Depression
A decade on from the financial crisis, the UK economy is now comparatively smaller than the United States was 10 years on from the Great Depression.
economics  depression  gfc  tories 
october 2018 by yorksranter
Russia 'planned Wall Street bear raid' - BBC News
"Here I'm not going to name the senior person, but I was meeting with someone… This person told me that the Chinese had received a message from the Russians which was, 'Hey let's join together and sell Fannie and Freddie securities on the market.'
russia  gfc 
september 2018 by yorksranter
Families 'can't afford to follow healthy diet guidance' - BBC News
The Food Foundation says the poorest fifth of homes with children would have to spend 42% of their disposable income (after housing costs) to meet guidance set out in the Eatwell Guide.
UK  poverty  child  public  health  prevention  obesity  overweight  food  Brexit  GFC  social  trap  income  mobility  downward  inequality  FoodBank  Austerity  meritocracy  meritocratic  class 
september 2018 by asterisk2a

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