Inequality 13 results

Economic Growth—can we ever have enough? | BBC Radio 4 Analysis

As the twin storms of economic turmoil and worsening climate change grip the the world, BBC Radio 4 Analysis examines the future of economic growth. Does it offer a route out of economic malaise, or have its benefits reached a ceiling for developed countries?

Moving beyond GDP is key to tackling a world in crisis | By Paul Allin, Diane Coyle and Tim Jackson

Gross domestic product remains the predominant measure of progress across the world, it's time to change that, write Paul Allin, Diane Coyle and Tim Jackson. Amid the global threats posed by climate change, spiralling energy costs, insecure employment and widening inequality, the need to rethink our notion of progress is now an urgent priority.

What happens when investment firms take over UK care homes | Report and Briefing Paper

Through a series of in-depth interviews with care workers Christine Corlet Walker et al explore the impact of investment firms on working conditions and quality of care in UK care homes. Combined with an analysis of care company accounts generating insights into the impacts of financialisation on the UK care sector, the report shows how investment firms are using extreme strategies to reduce staffing levels and cut costs in the name of profit, with appalling consequences for care.

Confronting inequality in the “new normal”: Hyper‐capitalism, proto‐socialism, and post‐pandemic recovery | Journal Paper

Post‐pandemic recovery must address the systemic inequality that has been revealed by the coronavirus crisis. The roots of this inequality predate the pandemic and even the global financial crisis. They lie rather in the uneasy relationship between labor and capital under conditions of declining economic growth

Careless Finance—Operational and economic fragility in adult social care | CUSP Working Paper

Adult social care across the OECD is in crisis. Covid-19 has exposed deep fragilities. Principal amongst these is the process of marketisation and financialisation of the social care sector. In this paper, we take a critical perspective on this process. We find that marketisation has facilitated the conditions for both financial fragility and operational failure.

Our Future in the Land | Final report of the RSA Food, Farming & Countryside Commission

The RSA Food, Farming & Countryside Commission with CUSP director Tim Jackson as Commissioner and Chair of the Research Advisory Group have published their final report, calling for radical 10-year plan to transition to sustainable food system with more government support for healthy produce.

Managing a Post-Growth Economy: Circularity, Productivity and Inequality

“The circular economy is a very good idea, but it is a better idea when it is placed in the context of delivering prosperity, rather than aimed at increasing growth.” A conversation between Emanuele Di Francesco and Tim Jackson, discussing post-growth concepts of a circular economy, the limits of labour productivity and the dynamics of inequality.

Beyond Redistribution—Confronting inequality in an era of low growth | An Economy That Works, Briefing Paper No 2

Beyond Redistribution—Confronting inequality in an era of low growth | Policy Briefing for APPG on Limits to Growth

The second in the series of briefing papers on building An Economy That Works explores inequality in the UK. It examines the evidence for rising inequality over the last fifty years, estimates the economic welfare lost to society from an unequal distribution of incomes and addresses the critical question of managing inequality in the context of declining growth rates.

The Post-Growth Challenge — Secular Stagnation, Inequality and the Limits to Growth | Paper

Sluggish recovery in the wake of the financial crisis has revived discussion of a ‘secular stagnation’. These conditions have been blamed for rising inequality and political instability. Tim Jackson contests this view, pointing instead to a steadfast refusal to address the ‘post-growth challenge’.

‘Secular stagnation’ meets the ‘GDP fetish’

Tim Jackson introduces his new CUSP working paper ‘The Post-Growth Challenge’, in which he discusses the state of advanced economies ten years after the crisis. Our attempts to prop up an ailing capitalism have increased inequality, hindered ecological innovation and undermined stability, he argues.

Confronting inequality: beyond basic income

Confronting inequality: basic income and the right to work

Ten years after the financial crisis, inequality in advanced economies is still rising. Tim Jackson presents the findings of a new CUSP working paper to explore potential solutions. "There are post-growth worlds in which social progress remains entirely possible."

Confronting inequality in a post-growth world – Basic income, factor substitution and the future of work | Paper

Piketty argued that slow growth rates inevitably lead to rising inequality. If true, this hypothesis would pose serious challenges for a ‘post-growth’ society. If true, this hypothesis would pose serious challenges for a ‘post-growth’ society. Fiscal responses to this dilemma include Piketty’s own suggestion to tax capital assets and more recent suggestions to provide a universal basic income that would allow even the poorest in society to meet basic needs.

Tim Jackson and Peter Victor — Does slow growth increase inequality, A stock-flow consistent explorationo of the Piketty hypothesis

Growth is not the answer to inequality

Wouldn’t it be wonderful if our politicians focused on things that matter, like the kind of society we want to live in, instead of squabbling over TV debates and “empty chairs”? Why couldn’t they be a bit more like actor Michael Sheen, for instance, whose barnstorming defence of public values went viral after he turned out for a rain-soaked St David’s Day rally in support of the NHS?