OPINION

The high complexity of inequality

News, Published on 08/02/2016

» Everyone seems to be talking about -- and condemning -- today's rising level of economic inequality. Fuelled by jarring statistics like Oxfam's recent revelation that the world's richest 62 people own as much wealth as the poorest 3.6 billion, popular support for left-wing figures like America's Bernie Sanders and Britain's Jeremy Corbyn is rising. But today's ideology-driven debates oversimplify an issue that is exceedingly complex -- and affected by processes that we do not fully understand.