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The Inquiry

How Much Inequality Is Too Much?

The Inquiry

BBC

News Commentary, News

4.61.7K Ratings

🗓️ 5 January 2016

⏱️ 23 minutes

🧾️ Download transcript

Summary

The richest 10% of Americans earn half of all of income. In Britain, the top 10% hold 40% of all the income. Inequality is not just an issue for rich countries. A billion people have been lifted out of poverty since 1990, and inequality has been rising in many other countries too. So, how much inequality is too much? Many may recoil from such a question - inequality is a dirty word. But this programme isn't about fairness. This programme is about economics – and how far inequality affects growth and prosperity. Presented by Linda Yueh.

(Photo: A woman walks past a poor man. Credit: Getty Images)

Transcript

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0:00.0

Hi, thanks for downloading The Inquiry from the BBC World Service.

0:04.1

We're a weekly program. Our job is to add in-depth analysis to one question from the

0:09.9

news. We hope you like it.

0:11.9

This is Linda Yu with the inquiry.

0:15.0

This week, how much inequality is too much?

0:25.0

We are the United States.

0:28.0

We are the United States.

0:31.0

Marching for equality, the Occupy Movement had taken to the streets of New York to

0:36.8

protest against the large wealth gap with the top 1%.

0:42.1

Protesters demanding better wages for fast food workers block traffic on the streets of New York and

0:48.6

Detroit.

0:49.6

Fast food workers across America soon followed, demanding a higher wage.

0:55.8

No wonder inequality is in the spotlight.

0:59.0

We are the 99 percent.

1:02.0

We are the 99%!

1:04.0

99%.

1:05.0

Here's why America is more unequal today than ever before. The richest 10% of Americans earn half of all of the

1:20.0

income. In Britain the top 10% earn 40% of all of the income. It's not just in rich countries.

1:28.8

A billion people have been lifted out of poverty since 1990, but inequality has been rising in places like China

1:37.6

and India too.

1:39.9

How much inequality is too much?

1:43.4

Many may recoil from such a question.

...

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