In a new book, Injustice, Why Social Inequality Persists, he charged that a new orthodoxy which accepts that greed is good has encouraged the widening of the gap between rich and poor.
In an interview yesterday, Professor Dorling, of Sheffield University, said the top 10 per cent of people living in London have on average wealth worth £933,563, while the poorest 10 per cent are on average worth £3,420 - some 273 times less.
He said: 'We are getting wealth inequalities now as far as we know that have not been seen since the days of a slave-owning elite.'
Read more:
http://www.dailymail.co.uk/news/article-1267778/London-unequal-city-Western-world-gap-rich-poor-widest-slavery.html#ixzz1UkjTxXn1Oh and here is more
Professor Dorling added: 'Britain is at its most unequal for 80 years in terms of inequalities in income.'
His figures make Britain the fourth country in the developed world for the gap between rich and poor.
He said that the best-off 10 per cent are worth 13.8 times more than the bottom 10 per cent across the country as a whole.
This puts the gap smaller only than the wealth differences between rich and poor and Singapore, the US and Portugal.
Read more:
http://www.dailymail.co.uk/news/article-1267778/London-unequal-city-Western-world-gap-rich-poor-widest-slavery.html#ixzz1UklkTqF4It is possible, though I would have to see data for both NYC and LA.
That said yes, that is what leads to that level of... desperation.
Necessary disclaimer, getting it does not mean one condones it.