DEH - europeanhouse.org
Does equality matter? Let's turn the question around: How does economic inequality influence societies?
Joseph Stiglitz is University Professor at Columbia University, the winner of the 2001 Nobel Memorial Prize in Economics
However, there is people who think inequality is good....
But there are arguments aginst that inequality is good...
The evidence suggests greater equality has
benefits in terms of fewer health and social
problems and stronger, more cohesive societies.
We can also expect that policies to reduce
carbon emissions and climate change will
improve health and wellbeing.
Energy production will be cleaner, waste managed more efficiently, people will walk or bicycle more frequently, and an emphasis on contraction and convergence could provide sustainable development opportunities for the world’s poorest.
Although change will take time, the convenient
truth is that greater equality offers not only the
possibility of a reduction in consumerism and
status competition, but also the development
of a more cohesive, sociable, and sustainable
society, which may be essential for our future
health and wellbeing.
In The Spirit Level: ..Not
only is greater equality a prerequisite for coping with climate change, it is essential for future improvements in the overall quality of life of whole populations. Physical and mental health are better and a wide range of social problems are less prevalent in more equal societies.
1. Name 5 areas where equality are important?