Abstract
The UK and the US today have more social and economic inequality than they did a generation ago. Our economies have generated enormous wealth for some while others are relegated to the ranks of the low-wage workforce. Most of the mobility evidence shows no change in the basic patterns linking classes and no change in the overall strength of statistical association. To redress the inequities of this situation we need to recognise that inequality and mobility operate on different timescales, that rank and reward respond to different factors, and that mobility works in both upward and downward directions.
Original language | English (US) |
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Pages (from-to) | 205-207 |
Number of pages | 3 |
Journal | New Economy |
Volume | 10 |
Issue number | 4 |
DOIs | |
State | Published - Dec 2003 |
ASJC Scopus subject areas
- Geography, Planning and Development