Wealth inequality is rising and has reached excessive levels. Wealth inequality is at the root of unfairness. The easiest way to become wealthy is to be wealthy already, or to inherit wealth from your parents. People with lots of money can earn more than many working people just by watching their assets increase in value. Wealth inequality across generations is becoming more acute. Even people on high incomes who come from poor backgrounds often can’t afford to buy a house. The link between effort and reward has been broken. We can’t say that those at the top and the bottom of society deserve their lot, as peoples' starting points in life have a huge impact on their life chances.
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