Income Growth of Top 1% Double That of Bottom 50% Combined: Lucas Chancel

495 views · Published 24 December 2017 · 10:34 · Indexed 20 September 2026

Channel: NewsClickin · 2017 · News & Politics

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Lucas Chancel, co-author of World Inequality Report talks about the rising income inequality all over the world. He shows how, despite high economic growth, income inequality has been rising. Global trends show that the rise in inequality can be correlated to globalisation. Soviet Russia, for instance, was one of the most equal countries until its collapse.

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