How economic inequality harms societies | Richard Wilkinson
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How economic inequality harms societies | Richard Wilkinson | BWG

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http://www.ted.com We feel instinctively that societies with huge income gaps are somehow going wrong. Richard Wilkinson charts the hard data on economic … .

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40 thoughts on “How economic inequality harms societies | Richard Wilkinson | BWG

  1. social inequality is a stupid fallacy, the problem is not the rich, indeed, those assholes are the best agents in the economy, all politicians should suck their penis, their vilification is a predictable consequence of the political war. The real problem is the issue of accessibility and the logistical question of providing basic needs to the poor, that is, the problem is the poor, not the rich. Something that a political fanatic will deny you because it is basically the meaning of his life, when they know it they will cry blood for the existential crisis that they would be living xD

  2. I agree that education and medical could be better in the US. But socialism and redistribution of income is NOT the answer. It never is. Countries like Sweden have all moved away from socialism to capitalism. That's why there is greater social mobility. The US needs to provide more affordable trade schools and colleges and stop catering to foreign students.

    We should base our solutions on "he who benefits, pays". That will drive the optimal behaviors. Socialism / Redistribution are the tools of the unjust and unethical.

  3. 6:40 While the trend is correct, the measuring system is not fool proof (be it surveys or census). Because they are culture dependent.

    For instance, in Japan, majority of people or even doctors still don't recognise mental illness/depression as a legitimate medical problem. Hence you would obviously have low mental illness reports, because they don't even report in the first place! Even though majority of employees in Japan are overworked, and have depression, they don't even recognise it. That's the issue.

  4. Everyone watching this ted talk should give half of their net worth to the closest poor person, inequality solved! Ohh wait, you want the government to do it for you so poor people have to pay higher taxes to pay for social programs, further increasing inequality, :/

  5. Japan is one of the lowest countries with mental illness rates? Absolutely no way, when their suicide rates are by far the highest in the world along with South Korea. I was sort of just going along with this video until I saw that part. Stats without context are hugely flawed. It's likely that Japanese people just don't report their mental illness due to social stigmas, and so there are significantly less diagnosing of it.

  6. The extreme inequality we have now favors extreme monopolies, the wealthy billionaires absorb all the money from the lower classes, store it away in fiscal heavens and so the money is not reinvested. Middle class people on the other hand reinvest almost all the money and so the businnes cycle continues. So, unless you tax away the extreme inequality we have now, you wont have prosperity, this is just 1+1. You have either a middle class economy or you have a billionaires and poor people economy, you cant have both. The "free market"-mantra is just pure ideology, not factual in the real world

  7. Additional correlations to the "index of health and social problems" (at 3 min, 30 seconds)
    * Diversity of populations by blood, ethnic, and cultural measures.
    * "Westernist" versus European "Easternist"
    * participation in 1600s & 1700s colonialism.

  8. The speaker spent almost the entire talk showing correlation. He then spent a few seconds hand waving on the topic of causation. Very clearly, he did not show any reasonable evidence of causation. And without such evidence, this whole talk is a worthless pseudoscientific embarrassment.

  9. So racially homogenous societies are the most longevous, just, secure, healthy and happy. Whereas multicultural societies are unequal, dangerous, unhealthy and unhappy.

  10. Does anyone else notice how Singapore is stated as the country with the greatest levels of inequality but the conveniently absent rom all subsequent graphs until prisoners, then removed again?

  11. The problem is not at the level of income the goal of the poor is not to get rich but to have a high purchasing power and the state by making inflation believing helped the poor by increasing banknotes and punishing them by increasing them prices more tax to pay the enemy of the poor is inflation and not the rich

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