THE rich are getting richer while the poor remain poor. If you doubt it, ponder these numbers from the US, a country widely considered meritocratic, where talent and hard work are thought to be enough to propel anyone through the ranks of the rich. In 1979, the top 1 per cent of the US population earned, on average, 33.1 times as much as the lowest 20 per cent. In 2000, this multiplier had grown to 88.5. If inequality is growing in the US, what does this mean for other countries?
Almost certainly more of the same, if you believe physicists…
