The unequal impact of coronavirus
Eight or so years ago, the newly-elected Conservative government trumpeted the fact that, in the aftermath of the financial crisis, "We're All In This Together". I'm afraid that this proved to be the hollowest of claims: austerity, and the inexorable rise of the super-rich, albeit only recently confirmed by revised ONS data, saw inequality rise.
So, will we fall for the same rhetoric in the wake of the coronavirus? I hope not. As I stated yesterday, coronavirus is going to worsen inequality yet further, both in terms of income but also in terms of opportunity, something that Emily Maitlis eloquently summarised in her piece to camera last night. This is the accompanying chunk of the show. Worth a watch.
“This is a health issue with huge ramifications for social welfare, and it’s a welfare issue with huge ramifications for public health.”
— BBC Newsnight (@BBCNewsnight) April 9, 2020
ICYMI: #Newsnight reported on #coronavirus and how the pandemic is widening social and economic divisions
WATCH 👉 https://t.co/8XTlYwTiSkpic.twitter.com/l167CK8JZV
Maitlis praised for 'extraordinary' opening to Newsnight https://t.co/3XX4YHXOfH
— Evening Standard (@EveningStandard) April 9, 2020
- Economics
- In the News
- Coronavirus
- 2020 Global Economic Crisis
- Economic Inequality
- Income inequality
- Poverty and inequality
Graham Watson
Graham Watson has taught Economics for over twenty years. He contributes to Tutor2U, reads voraciously and is interested in all aspects of Teaching and Learning.
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