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Why you won't get rich - Robert Verkaik

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Title
Why you won't get rich - how capitalism broke its contract with hard work
Author
Robert Verkaik
format
Hardback
Publisher
Oneworld Publications
Language
English
UK Publication Date
20210401

Description

From thebottom to the top of our economy, capitalism is too blunt an instrument to tackle Britain's epidemic of inequality.

Soaring rents, unfair taxation and a growing gig economy have brought about unprecedented economic shame: Amazon warehouse workers living in tents, nurses turning to foodbanks, London firemen commuting hundreds of miles to work.

Even those higher up the ladder are losing their grip on the life they were promised. Barristers take home less than the minimum wage and doctors are starting out with 100,000 student debts on salaries lower than the national average. We're all facing a new economic phenomenon - in-work poverty. At the same time a generation of young professionals is coming to terms with never being able to own even the cheapest home in their area.

From thebottom to the top of our economy, capitalism is too blunt an instrument to tackle Britain's epidemic of inequality.
Soaring rents, unfair taxation and a growing gig economy have brought about unprecedented economic shame: Amazon warehouse workers living in tents, nurses turning to foodbanks, London firemen commuting hundreds of miles to work.
Even those higher up the ladder are losing their grip on the life they were promised. Barristers take home less than the minimum wage and doctors are starting out with 100,000 student debts on salaries lower than the national average. We're all facing a new economic phenomenon - in-work poverty. At the same time a generation of young professionals is coming to terms with never being able to own even the cheapest home in their area.
Hard work no longer pays off. But there is hope for a better, fairer future.

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