29
Jan
Richard Wilkinson discusses the societal harms caused by income disparity. What is incredibly interesting though — is the implication of the data he presents. Societal problems, specifically mental illness and childhood wellbeing, is directly correlated to relative inequality. Wilkinson suggests that GDP per capita is actually less important than the magnitude of inequality within each country.
Countries like the UK, Portugal, Singapore and … the United States have almost 2x the relative income inequality as other developed nations, leading to higher rates of mental illness, obesity, and crime.
