Is inequality inevitable?
- 865,458 Views
- 2,650 Questions Answered
- TEDEd Animation
Let’s Begin…
Income and wealth inequality are not new. In fact, economists and historians who have charted economic inequality throughout history haven’t found a single society without it. Which raises a bleak question: is inequality … inevitable? Explore how economic inequality can be measured and how it is impacted by different governmental policy choices.
Create and share a new lesson based on this one.
Additional Resources for you to Explore
With climate change projected to damage the global economy by $30 trillion annually by 2075, a majority of economists agree that it will deepen existing inequalities between richer and poorer countries. To explore solutions, actions, and policies some economists are proposing, head over to the Sustainable Development 2021 Summit for a virtual discussion.
During the pandemic, a new billionaire was created every 30 hours. In many countries, inequality increased. Profits rose for large corporations while skyrocketing food and energy prices triggered global unrest. 60% of low-income countries are on the brink of debt distress.
Capitalism, in its rawest, most unfettered form, provides profits to investors with little regard for the well-being of workers. But there are people who are trying to change that. Stakeholder Capitalism imagines a market-based economy that works for workers while meeting the shifting demands of a rapidly changing society and technologies. In this video-podcast, Natalie Pierce and Peter Vanham explore how workers’ conditions and power have deteriorated in the last number of decades. They also look at current examples and practical ideas and policies for empowering workers and how that will benefit society as a whole. (Click here for the audio version.)
During the pandemic, a new billionaire was created every 30 hours. In many countries, inequality increased. Profits rose for large corporations while skyrocketing food and energy prices triggered global unrest. 60% of low-income countries are on the brink of debt distress.
Capitalism, in its rawest, most unfettered form, provides profits to investors with little regard for the well-being of workers. But there are people who are trying to change that. Stakeholder Capitalism imagines a market-based economy that works for workers while meeting the shifting demands of a rapidly changing society and technologies. In this video-podcast, Natalie Pierce and Peter Vanham explore how workers’ conditions and power have deteriorated in the last number of decades. They also look at current examples and practical ideas and policies for empowering workers and how that will benefit society as a whole. (Click here for the audio version.)
TED-Ed
Lesson Creator
New York, NY
Create and share a new lesson based on this one.
More from Troubleshooting the World
Science & Technology
The growing megafire crisis — and how to contain it - George T. Whitesides
Lesson duration 10:42
54,278 Views
44,671 Views
381,159 Views
189,579 Views