Tortoise Festival of ThinkIns – Pay and perks: is inequality the price of prosperity?

Saturday 29 June 2019

Duration: 4:15PM - 5:15PM

16-19 Eastcastle Street, London, W1W 8DY

Status: Completed

Pay and perks: is inequality the price of prosperity? Once upon a time we lived in a world where even senior Labour Party politicians were intensely relaxed about some people getting filthy rich, because they believed we’d all be better off as a result. It’s hard to be so sanguine now. Inequality has soared, and economic growth has been anaemic across much of the western world. Are we sacrificing the security and happiness of millions of working people in the name of an outdated dogma?

Our special guests for this ThinkIn included:

Kamal Ahmed, editorial director, BBC News.

Frances Coppola, financial writer and commentator. 

Michael Marmot, director, Institute of Health Equity, UCL.

The Readout 

Inequality in the UK is high, and the evidence of its effects on a society with vast gaps to bridge is mounting. Our conversation was about the scale of gaps between rich and poor, not just absolutes of poverty; and whether inequality is just part and parcel of prosperity. Some highlights: 

What next?