A woman begs for change near in New York, where the homeless population has ballooned. The US has the highest level of economic inequality among developed countries, according to Joseph Stiglitz. Photo: Getty Images/AFP
David Dodwell
Opinion

Opinion

Inside Out by David Dodwell

The world’s paying too high a price for inequality … and it needs to be addressed quickly

  • Joseph Stiglitz believes a vicious spiral has been created because of the economic inequality
  • Economic inequality translates into political inequality, which leads to rules that favour the wealthy, which in turn reinforces economic inequality

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A woman begs for change near in New York, where the homeless population has ballooned. The US has the highest level of economic inequality among developed countries, according to Joseph Stiglitz. Photo: Getty Images/AFP
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