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Analysis

Tackling Inequality

Analysis

BBC

News, Politics

4.61K Ratings

🗓️ 14 February 2022

⏱️ 29 minutes

🧾️ Download transcript

Summary

Probing the results of a major study into our unequal society. Faisal Islam, BBC Economics Editor, talks to two leading experts on inequality, who have together been working for several years on a research project for the Institute for Fiscal Studies. He asks Paul Johnson, IFS Director, and Nobel laureate Sir Angus Deaton what the findings reveal about the UK now, and how these issues can be addressed. Producer: Xavier Zapata Production Coordinators: Maria Ogundele and Jacqui Johnson

Transcript

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0:00.0

Just before this BBC podcast gets underway, here's something you may not know.

0:04.6

My name's Linda Davies and I Commission Podcasts for BBC Sounds.

0:08.4

As you'd expect, at the BBC we make podcasts of the very highest quality featuring the most knowledgeable

0:14.3

experts and genuinely engaging voices. What you may not know is that the BBC

0:20.4

makes podcasts about all kinds of things like pop stars,

0:24.6

poltergeist, cricket, and conspiracy theories and that's just a few examples.

0:29.7

If you'd like to discover something a little bit unexpected, find your next podcast over at BBC Sounds.

0:36.0

BBC Sounds.

0:38.0

BBC Sounds, Music Radio Podcasts.

0:42.0

It is a stark and unwelcome truth. It looks like this year average pay packets

0:46.3

after rising prices and taxes will shrink again. Meanwhile a small group at the top have done extraordinarily well during the pandemic, with asset

0:56.8

prices generally booming.

0:58.9

That inequality manifests itself in the most brutal form, with some groups in our society ending up with shorter lives on average.

1:07.0

Why does inequality within our societies seem to be growing and what can be done about it?

1:12.0

The respected Institute for Fiscal Studies

1:14.8

has been carrying out a major research project funded by the Nuffield Foundation

1:19.4

chaired by the British American Nobel Prize- winning economist Sir Angus Deaton.

1:25.1

In this program I'll talk to Sir Angus and the IFS director Paul Johnson who will also

1:30.5

have heard presenting analysis on occasion.

1:33.1

My first question, speaking personally,

1:35.8

why does inequality matter to you?

1:39.0

Well, I think I've always been concerned about inequality

...

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