The Fault Lines of Inequality: COVID 19 and the Politics of Financialization by Huw Macartney
English | EPUB | 2022 | 128 Pages | ISBN : 3030969134 | 0.8 MB
This book examines how decisions made by the Conservative government during the COVID19 pandemic have increased economic inequality in the UK. Decades of austerity, asset-based welfare and financialization had already exacerbated social divisions in the UK prior to the pandemic. The political blueprint behind these measures combined Privatized Keynesianism and the Asset Economy. To explain, economists have highlighted that inequality derives from the fact that income from wealth increases at a faster rate than income from wages.
