Interview by Project Twist-It.
“The US and the UK are remarkably similar when it comes to poverty and inequality. Amongst the richest nations in the world, these are the two largest countries which are the most economically unequal, that have the highest rates of poverty. They’re almost like a pair of twins.”
“If you look at the take of the best-off one percent, in the United States it’s about 20% of all income; in the UK, it’s about 15%. Nowhere else, of any size in the rich world, touches these two countries in terms of how much the very best-off take.
If you look at the incomes on which the very poorest people are living, compared to the average, these are the two countries where you’re really living a kind of parallel, separate life, if you’re in the bottom 20 or 30 percent. You’re not like average people, and average people are not like better-off people. And better-off people are not like the one percent.