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Wealth inequality risks triggering 'societal collapse' within next decade
The warning comes from an expert roundtable led by researchers from King's and the Fairness Foundation
The warning comes from an expert roundtable of senior figures from politics, government, academia, business and civil society, which concluded the country is currently on a trajectory of decline, with wealth inequality undermining social cohesion and a risk of further deterioration without intervention. For example, the scientist Peter Turchin collates historical evidence to argue that growing poverty, combined with wealth inequality and “elite overproduction” – where too many people compete for too few top jobs or positions in society º tends to result in societal collapse in the absence of determined action to avert it. “We didn't expect a diverse group of senior people drawn from government, business and civil society to unanimously recognise the growing risks of wealth inequality in the UK.
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