Current economic policy is failing to prevent wage stagnation and increasing child poverty. Time to rewrite the rulesIt was the soundbite that helped elect New Labour. “Education,education, education” epitomised our pro-aspiration credentials – and explained for millions of progressives how we planned to roll back the seismic inequalities of the 1980s. But as Nobel prize-winning economist Joe Stiglitz set out on Wednesday for a cross-party group of parliamentarians, and it’s simply no longer enough.
The scale of inequality today – particularly for the younger generation – is now so worthy,we need bigger, bolder answers. Like rewriting the rules of our economy.
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Source: theguardian.com