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Tackling inequalitiesWhere are we now and what can be done?$
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Christina Pantazis and David Gordon

Print publication date: 2000

Print ISBN-13: 9781861341464

Published to University Press Scholarship Online: March 2012

DOI: 10.1332/policypress/9781861341464.001.0001

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date: 21 August 2017

Inequalities in income, wealth and standard of living in Britain

Inequalities in income, wealth and standard of living in Britain

Chapter:
(p.24) (p.25) Two Inequalities in income, wealth and standard of living in Britain
Source:
Tackling inequalities
Author(s):

David Gordon

Publisher:
Policy Press
DOI:10.1332/policypress/9781861341464.003.0002

This chapter considers the most glaring inequalities in society: those relating to income, wealth, and standard of living. After consideration of the problems and common confusions surrounding definitional issues, and using a range of statistical sources, the discussion shows just how unequal British society had become by the time New Labour took office. It argues that a redistribution of income and wealth from the poor to the rich took place under the previous Conservative governments – reversing the trend from the fifteenth century onwards towards greater equality. The chapter proposes that in addition to the minimum wage, New Labour should introduce the maximum wage and wealth taxes as effective measures to reverse the rising trend of inequality.

Keywords:   social inequality, income inequality, living standard, British society, New Labour, income redistribution, maximum wage, wealth taxes

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