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'Growing inequality threatens democracy' - Top News
That will be chaired by Nobel Prize-winning economist Prof Sir Angus Deaton. ‘Taking rather than making’ He said “people were troubled by inequality” more than at any time since the 1940s – and the impact was so serious that it suggested “democratic capitalism is broken”. As well as inequality in income, the think tank highlights divergence in health. It says there is almost a 10-year gap in male life expectancy between the richest and poorest areas – and the IFS warns of “deaths of despair”, with a rise in early deaths from drug and alcohol abuse and suicide being linked to factors such as poverty, social isolation and mental health problems. Patterns of relationship are also affected by inequality, the …