Description:
The Richer, The Poorer charts the rollercoaster history of both rich and poor and the mechanisms that link wealth and impoverishment. This landmark book shows how, for 200 years, Britain's most powerful elites have enriched themselves at the expense of surging inequality, mass poverty and weakened social resilience.
Stewart Lansley reveals how Britain's model of 'extractive capitalism' - with a small elite securing an excessive slice of the economic cake - has created a two-century-long 'high-inequality, high-poverty' cycle, one broken for only a brief period after the Second World War. Why, he asks, are rich and poor citizens judged by very different standards? Why has social progress been so narrowly shared? With growing calls for a fairer post-COVID-19 society, what needs to be done to break Britain's destructive poverty/inequality cycle?
Brief description: Stewart Lansley is a visiting fellow in the School of Policy Studies, the University of Bristol, a Council member of the Progressive Economy Forum and a Research Associate at the Compass think-tank. He is a fellow of the Academy of Social Sciences and has written widely on poverty, wealth and inequality. His recent books include A Sharing Economy (2016), Breadline Britain, The Rise of Mass Poverty (with Joanna Mack, 2015) and The Cost of Inequality (2011).
Review Quotes: "A resource that can help us make up our own minds about extremes of wealth and poverty, privilege and want, instead of being encouraged to 'other' welfare claimants and kid ourselves we share the interests of the profiteering one per cent. We should arm ourselves with it in all our anti-poverty struggles." Cost of Living