UK’s six richest people control as much wealth as poorest 13m – study – ‘Extreme inequality is the story of Ferraris and food banks,’ says the Equality Trust

Read the Story

Show Top Comments

I see they have been to Vancouver


It’s ok, those 13 million people will vote for the Tories and the inequality will increase. (The UKs Gini coefficient is currently 0.36, it was at 0.25 in 1979 and rose sharply in the 80s. Know Margareth Thatcher? Also, a Gini coefficient of 0 means everybody has the same amount of wealth, 1 means one person has all the wealth.)


And ordinary working people have been convinced by the news, the media, and the tv that they consume that this is right. Propaganda has convinced people that it’s through their hard work and determination that billionaires have become rich. Propaganda has told them they are all not that far from being billionaires and Labour is there to steal the work of the rich. Disgusting that we can’t see the charade that is capitalism.


Not just a UK problem


Take money out of politics (make politicians beholden to the people and not money), fix tax loopholes to ensure the governments get the funding they need for society (instead of having the rich get off paying their fair share), break up monopolies (companies are getting too big), fix copyright and infringement laws that stifle innovation and keeps these companies from having rivals and competitors. I think you do that and capitalism can survive. When we had a government that was strong enough to keep companies in check.