Why wealth inequality matters

Mike Savage, Mina Mahmoudzadeh, Elizabeth Mann, Michael Vaughan and Sacha Hilhorst

LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library

Abstract: Over the past decade, wealth inequality – driven by the private ownership of assets such as property, savings, and investments -– has increasingly been recognised as a major divisive force in the UK, and across the globe. Numerous studies have emphasised that because wealth builds over long time periods and offers huge advantages to the wealthy, it is rapidly becoming the major driver of contemporary socio-economic inequality1. These arguments are not only gaining academic currency but are also increasingly gaining public attention, notably around strategies for taxing the super-rich. More needs to be done, however, to broaden the awareness of the challenges of wealth inequality across numerous policy fields, so that the true gravity of the issues is realised.

JEL-codes: N0 (search for similar items in EconPapers)
Pages: 24 pages
Date: 2024-05-01
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://eprints.lse.ac.uk/123529/ Open access version. (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ehl:lserod:123529

Access Statistics for this paper

More papers in LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library LSE Library Portugal Street London, WC2A 2HD, U.K.. Contact information at EDIRC.
Bibliographic data for series maintained by LSERO Manager ().