November 7th, 2011
02:17 PM ET

Why inequality is bad for everyone

People have always known that inequality is divisive and socially corrosive. What is surprising, now that we have the data to compare societies, is how clear the effects of inequality are.

A wide range of social problems are worse in societies with bigger income differences between rich and poor. These include physical and mental illness, violence, low math and literacy scores among young people, lower levels of trust and weaker community life, poorer child well-being, more drug abuse, lower social mobility and higher rates of imprisonment and teenage births.

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soundoff (One Response)
  1. Jack.

    Greed is the flaw of the American society. Communism failed. Capitalism is failing, except for the very rich. China has learned this lesson.

    November 10, 2011 at 6:14 am | Reply

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