… and what to do about it?

There is an elephant in the room. Stocks of wealth – assets such as property, savings, and investments that can be given a monetary value – have soared in recent decades. According to the Wealth Inequality Database, average wealth in the UK has doubled from £100k per head in 1985 to £200k per head in 2021. To put this another way, it took several millennia for wealth in Britain to reach the £100k threshold. And then, a mere 36 years later, this stock of wealth had doubled: a bonanza unprecedented in human history.

Why wealth inequality matters – and what to do about it! | LSE Inequalities