Inequality

More women than ever face old age in poverty after a report this week revealed that they were sacrificing their pensions to accommodate the rising cost of childcare. The Fawcett Society, which campaigns against gender inequality, found that women were significantly under-saving and worryingly, many were relying on their male counterparts to make up for the shortfall. The charity said women were taking a significant hit to their pension when they had children, but many were unaware of the long-term financial consequences of taking on full responsibility for childcare costs. The concern is fuelled by the fact that women also live longer and are still victims of income inequality as

There was a big fuss a year or so ago about a book by a French chap called Piketty about wealth inequality. He suggested capitalism, aside from an anomalous period between 1930 and 1979, inexorably concentrated wealth at the top. One interesting defence of inequality is that the rich, by adopting technologies early, redistribute far more of their wealth than we realise by funding R&D and innovation. The first people to pay top dollar for a flat-screen TV or a dishwasher are unwittingly subsidising their wider adoption. As Hayek observed of early adopters of technology: ‘We depend on them, for they finance the invention and reinvention of products whose cost

In 1962 I made the leap of a lifetime – from a severely cash-limited working-class household in Hackney (my father had been a packer in a Whitechapel warehouse) to Oxford University. No obstacles were put in my way. Educated at an LCC secondary school, I spent a week at Lincoln College, taking exams for admission to the BA (Hons) in Modern History, and answering questions at a series of intellectually punishing academic interviews. No concessions were made to my socio-economic background. Nor, incidentally, did I benefit from any private tuition, which my parents could never have afforded. I was awarded an Exhibition (a form of scholarship) on merit. Had the college

In six months’ time, my son is due to attend an assessment day for a nursery. The details on the nursery’s website are deliberately sketchy — presumably to avoid parents coaching their children — but it seems to involve my son being observed while he plays and graded on the results of his burbling: it sounds very much like an interview. He is going to be two and a half. It is easy to be satirical about a child going for an interview at the age of two and a half — his PowerPoint skills are not up to it; we haven’t arranged a single internship for him; he doesn’t

‘How do you feel when you go back to Gary?’ I ask Joe Stiglitz. ‘Well, frankly, I get depressed,’ he replies. ‘The American middle class was created in places like my home town and is now struggling badly — which makes me sad.’ Stiglitz, a Nobel prize-winning economist and the closest thing the left has to an intellectual superstar, grew up in Gary, Indiana, during the 1950s, when it was the heart of the booming US steel industry. His father sold insurance and his mother was a teacher. ‘We had a modest detached brick house, with a lawn all around — it was safe and secure,’ he recalls. ‘Back then,

As a Tory, I’ve been thinking a lot about inequality recently. Has it really increased in the past five years? Or is that just scaremongering on the part of the left? By most measures, there’s not much evidence that the United Kingdom became more unequal in the last parliament. Take the UK’s ‘Gini co-efficient’, which measures income inequality. In 2009/10, it was higher than it was at any point during the subsequent three years. Indeed, in 2011/12 it fell to its lowest level since 1986. Data isn’t available for the last two years, but there’s no reason to think it has exceeded what it was when Labour left office. George

There are not that many things I find more irritating than Europeans getting on their high horses about America and the subject of race, violence and inequality. Everyone seems to have an opinion about the shooting of Michael Brown, most of which contradict what the actual witnesses and forensic evidence showed in the grand jury hearing; among these are a French government minister, who felt able to distract herself from her own country’s miseries, and Paris’s increasing resemblance to a toilet at a third division football ground. It’s partly America’s fault that it has told its own narrative to the world so well, including its racial struggle, and that this

[audioplayer src=”http://traffic.libsyn.com/spectator/TheViewFrom22_13_Nov_2014_v4.mp3″ title=”Fraser Nelson and Julie Bindel debate the inequality of marriage” startat=1048] Listen [/audioplayer]In the digital era, those looking for soulmates can be brutally clear about who need not apply. There are websites like Blues Match, for alumni of Oxbridge and Ivy League universities only. Then come the smartphone apps: Tinder, for straightforward dating, and ‘BeautifulPeople’, where members are kicked out if deemed too ugly. The latest arrival is Luxy, an app for those who don’t want to date anyone who needs to split a bill. Or, to use its own description, ‘Tinder without the poor people.’ Luxy has been deplored for its overt snobbery but it is, in

[audioplayer src=”http://traffic.libsyn.com/spectator/TheViewFrom22_15082013.m4a” title=”Andrew Haldenby and Sean Worth join Sebastian Payne to discuss NHS reforms.”] Listen [/audioplayer] GPs enjoy the salary of bankers, regularly pulling in £100,000 for a five-day week, with no on-call or weekend duties and a lovely taxpayer-funded holiday every year. I know this because it says so in the papers, so it must be true. Stories of GP largesse are far from accurate, and bear testament only to the media’s desire for sensationalism. GPs are the true medical heroes of the NHS, the soldiers in the trenches, too loyal to the metaphorical army to revolt, protest or express opinions, lest such opinions serve as an indirect abrogation