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Even if we could give everyone the same starting point, some people’s talents and labours are more valued and better rewarded than others. Pay often owes more to the random nature of the labour market than talent, effort or contribution. We allow the market to bestow excessive and unearned rewards on people whose contribution to our shared prosperity is sometimes negative. Many CEOs are paid millions, even if they fail to achieve their objectives. Many bankers earn more than CEOs by speculating on financial markets. Finance sector pay has increased twice as much as pay in other sectors in the past two years. Income inequality reduces social mobility.
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Income inequality is high by historical and European standards ![Income inequality is high by historical and European standards](/_next/image?url=https%3A%2F%2Fassets.super.so%2F03f51344-31a4-4cd4-8699-526fe796a0ee%2Fimages%2Fadcf68e9-c250-46f8-be17-3a74eecce06f.jpg&w=1080&q=90)
Income inequality is high by historical and European standards
![Income inequality is high by historical and European standards](/_next/image?url=https%3A%2F%2Fassets.super.so%2F03f51344-31a4-4cd4-8699-526fe796a0ee%2Fimages%2Fadcf68e9-c250-46f8-be17-3a74eecce06f.jpg&w=1080&q=90)
Many high earners are paid unreasonably large amounts of money![Many high earners are paid unreasonably large amounts of money](/_next/image?url=https%3A%2F%2Fassets.super.so%2F03f51344-31a4-4cd4-8699-526fe796a0ee%2Fimages%2F452a5b08-1252-42ff-9039-431f19af5d44.jpg&w=1080&q=90)
Many high earners are paid unreasonably large amounts of money
![Many high earners are paid unreasonably large amounts of money](/_next/image?url=https%3A%2F%2Fassets.super.so%2F03f51344-31a4-4cd4-8699-526fe796a0ee%2Fimages%2F452a5b08-1252-42ff-9039-431f19af5d44.jpg&w=1080&q=90)
People from poorer backgrounds are less likely to get to and do well at university![People from poorer backgrounds are less likely to get to and do well at university](/_next/image?url=https%3A%2F%2Fassets.super.so%2F03f51344-31a4-4cd4-8699-526fe796a0ee%2Fimages%2F1f36b89f-c729-47b8-8449-858786032b9a.jpg&w=1080&q=90)
People from poorer backgrounds are less likely to get to and do well at university
![People from poorer backgrounds are less likely to get to and do well at university](/_next/image?url=https%3A%2F%2Fassets.super.so%2F03f51344-31a4-4cd4-8699-526fe796a0ee%2Fimages%2F1f36b89f-c729-47b8-8449-858786032b9a.jpg&w=1080&q=90)
Poor quality work undermines people’s physical and mental health![Poor quality work undermines people’s physical and mental health](/_next/image?url=https%3A%2F%2Fassets.super.so%2F03f51344-31a4-4cd4-8699-526fe796a0ee%2Fimages%2Fbca331bc-458d-4816-8512-9acd8ec9b967.jpg&w=1080&q=90)
Poor quality work undermines people’s physical and mental health
![Poor quality work undermines people’s physical and mental health](/_next/image?url=https%3A%2F%2Fassets.super.so%2F03f51344-31a4-4cd4-8699-526fe796a0ee%2Fimages%2Fbca331bc-458d-4816-8512-9acd8ec9b967.jpg&w=1080&q=90)
Poorer people don’t have a buffer against economic shocks![Poorer people don’t have a buffer against economic shocks](/_next/image?url=https%3A%2F%2Fassets.super.so%2F03f51344-31a4-4cd4-8699-526fe796a0ee%2Fimages%2F41895ae7-ea6a-4e83-86db-8b8779dec8cd.jpg&w=1080&q=90)
Poorer people don’t have a buffer against economic shocks
![Poorer people don’t have a buffer against economic shocks](/_next/image?url=https%3A%2F%2Fassets.super.so%2F03f51344-31a4-4cd4-8699-526fe796a0ee%2Fimages%2F41895ae7-ea6a-4e83-86db-8b8779dec8cd.jpg&w=1080&q=90)
Socio-economic inequality leads to environmental inequality![Socio-economic inequality leads to environmental inequality](/_next/image?url=https%3A%2F%2Fassets.super.so%2F03f51344-31a4-4cd4-8699-526fe796a0ee%2Fimages%2F39ddb333-260d-4cc8-968d-979274837747.jpg&w=1080&q=90)
Socio-economic inequality leads to environmental inequality
![Socio-economic inequality leads to environmental inequality](/_next/image?url=https%3A%2F%2Fassets.super.so%2F03f51344-31a4-4cd4-8699-526fe796a0ee%2Fimages%2F39ddb333-260d-4cc8-968d-979274837747.jpg&w=1080&q=90)
Socio-economic inequality leads to health inequalities![Socio-economic inequality leads to health inequalities](/_next/image?url=https%3A%2F%2Fassets.super.so%2F03f51344-31a4-4cd4-8699-526fe796a0ee%2Fimages%2F3bb9c576-12b5-435f-9337-7226c49a2754.jpg&w=1080&q=90)
Socio-economic inequality leads to health inequalities
![Socio-economic inequality leads to health inequalities](/_next/image?url=https%3A%2F%2Fassets.super.so%2F03f51344-31a4-4cd4-8699-526fe796a0ee%2Fimages%2F3bb9c576-12b5-435f-9337-7226c49a2754.jpg&w=1080&q=90)
Socio-economic inequality leads to more crime and less effective criminal justice![Socio-economic inequality leads to more crime and less effective criminal justice](/_next/image?url=https%3A%2F%2Fassets.super.so%2F03f51344-31a4-4cd4-8699-526fe796a0ee%2Fimages%2Ff8f223a7-1916-4af3-9778-8aa0c6b3ff73.jpg&w=1080&q=90)
Socio-economic inequality leads to more crime and less effective criminal justice
![Socio-economic inequality leads to more crime and less effective criminal justice](/_next/image?url=https%3A%2F%2Fassets.super.so%2F03f51344-31a4-4cd4-8699-526fe796a0ee%2Fimages%2Ff8f223a7-1916-4af3-9778-8aa0c6b3ff73.jpg&w=1080&q=90)
Socio-economic inequality leads to political inequality![Socio-economic inequality leads to political inequality](/_next/image?url=https%3A%2F%2Fassets.super.so%2F03f51344-31a4-4cd4-8699-526fe796a0ee%2Fimages%2Fdfb642f8-e63b-47be-88d8-c8eb5e521c5c.jpg&w=1080&q=90)
Socio-economic inequality leads to political inequality
![Socio-economic inequality leads to political inequality](/_next/image?url=https%3A%2F%2Fassets.super.so%2F03f51344-31a4-4cd4-8699-526fe796a0ee%2Fimages%2Fdfb642f8-e63b-47be-88d8-c8eb5e521c5c.jpg&w=1080&q=90)
The best way to become wealthy is to be wealthy already![The best way to become wealthy is to be wealthy already](/_next/image?url=https%3A%2F%2Fassets.super.so%2F03f51344-31a4-4cd4-8699-526fe796a0ee%2Fimages%2Fa5713e6a-fc12-44a8-8ee2-1da4b0f25f01.jpg&w=1080&q=90)
The best way to become wealthy is to be wealthy already
![The best way to become wealthy is to be wealthy already](/_next/image?url=https%3A%2F%2Fassets.super.so%2F03f51344-31a4-4cd4-8699-526fe796a0ee%2Fimages%2Fa5713e6a-fc12-44a8-8ee2-1da4b0f25f01.jpg&w=1080&q=90)
There is little relationship between merit and reward![There is little relationship between merit and reward](/_next/image?url=https%3A%2F%2Fassets.super.so%2F03f51344-31a4-4cd4-8699-526fe796a0ee%2Fimages%2F6d08feb1-6b82-4707-8694-6963a560f972.jpg&w=1080&q=90)
There is little relationship between merit and reward
![There is little relationship between merit and reward](/_next/image?url=https%3A%2F%2Fassets.super.so%2F03f51344-31a4-4cd4-8699-526fe796a0ee%2Fimages%2F6d08feb1-6b82-4707-8694-6963a560f972.jpg&w=1080&q=90)
Too many people are on low incomes and in insecure work![Too many people are on low incomes and in insecure work](/_next/image?url=https%3A%2F%2Fassets.super.so%2F03f51344-31a4-4cd4-8699-526fe796a0ee%2Fimages%2Ffe9e7da9-3a57-4d51-88d5-8ac7cd19c577.jpg&w=1080&q=90)
Too many people are on low incomes and in insecure work
![Too many people are on low incomes and in insecure work](/_next/image?url=https%3A%2F%2Fassets.super.so%2F03f51344-31a4-4cd4-8699-526fe796a0ee%2Fimages%2Ffe9e7da9-3a57-4d51-88d5-8ac7cd19c577.jpg&w=1080&q=90)
Wealth inequality is much larger than income inequality![Wealth inequality is much larger than income inequality](/_next/image?url=https%3A%2F%2Fassets.super.so%2F03f51344-31a4-4cd4-8699-526fe796a0ee%2Fimages%2Fbee09413-20f4-49a7-b3a8-e06346dabd88.jpg&w=1080&q=90)
Wealth inequality is much larger than income inequality
![Wealth inequality is much larger than income inequality](/_next/image?url=https%3A%2F%2Fassets.super.so%2F03f51344-31a4-4cd4-8699-526fe796a0ee%2Fimages%2Fbee09413-20f4-49a7-b3a8-e06346dabd88.jpg&w=1080&q=90)