A thought-provoking article published in Nature asserts that: "Equality is essential for sustainability. The science is clear — people in more-equal societies are more trusting and more likely to protect the environment than are those in unequal, consumer-driven ones."

Here is a short excerpt...
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As environmental, social and humanitarian crises escalate, the world can no longer afford two things: first, the costs of economic inequality; and second, the rich.

Between 2020 and 2022, the world’s most affluent 1% of people captured nearly twice as much of the new global wealth created as did the other 99% of individuals put together, and in 2019 they emitted as much carbon dioxide as the poorest two-thirds of humanity.

Evidence gathered by social epidemiologists, including us, shows that large differences in income are a powerful social stressor that is increasingly rendering societies dysfunctional. For example, bigger gaps between rich and poor are accompanied by higher rates of homicide and imprisonment. They also correspond to more infant mortality, obesity, drug abuse and COVID-19 deaths, as well as higher rates of teenage pregnancy and lower levels of child well-being, social mobility, and public trust. The homicide rate in the United States — the most unequal Western democracy — is more than 11 times that in Norway. Imprisonment rates are ten times as high, and infant mortality and obesity rates twice as high.

Many commentators have drawn attention to the environmental need to limit economic growth and instead prioritize sustainability and well-being. We argue that tackling inequality is the foremost task of that transformation. Greater equality will reduce unhealthy and excess consumption, and will increase the solidarity and cohesion that are needed to make societies more adaptable in the face of climate and other emergencies.
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FULL ARTICLE -- https://www.nature.com/articles/d41586-024-00723-3

#Economics #Inequality #Science #Environment #Climate #ClimateChange #ClimateCrisis

Here's Cory Doctorow (@pluralistic) on the *permanence* of wealth disparity in the USA...
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The factual: America is not a bootstrap-friendly land. If you have money in America, chances very good are you inherited it.

American wealth is now dynastic, perpetuating itself and growing thanks to a whole Versailles' worth of courtiers: money managers, lawyers, and overpaid babysitters who can keep even the most Habsburg-jawed nepobaby in turnip-sized million-dollar watches and performance automobiles and organ replacements for their whole, interminable lives.

But it's not just that the American rich stay rich – it's that the American poor stay poor. America is a world-trailing loser in the international social mobility league-table. If you change classes in America, chances are you're a middle class person becoming poor, thanks to medical costs or another of the American debt-traps; or you're a poor person who is becoming a homeless person thanks to America's world-beating eviction mills.

As a factual matter, America just isn't the land of bootstraps; it's a land of hereditary aristocrats. Sustaining the American narrative of meritocracy requires a whole culture industry, novels and later movies that constitute a kind of state religion for Americans – and like all religious tales, the American faith tradition is riddled with gaps and contradictions.
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FULL ESSAY -- https://pluralistic.net/2023/04/10/declaration-of-interdependence/

#Politics #USA #Capitalism #Inequality