Inequality hurts rich and poor alike

How economic inequality harms societies

Richard Wilkinson’s TED talk is a must see, it should be shown in schools, it should be understood by every voter, and by every politician and economist.

Inequality is one of the most important causes of the woes of the 21st century world. Its roots are embedded in our pernicious debt-based monetary system which allows the banking system to steal the wealth of the rest of us by charging interest on debt. That debt is created by banks, at no cost, out of thin air.

It’s worth noting that in the developed world, the most unequal societies are generally those of the English-speaking world and the most equal and most contented are in Scandinavia.