Re: Let us know what you think about Wilkinson's video?

Posted: Mon Nov 12, 2018 10:33 am, #8
by janebird21
Ever since I have watched the video, I simply cannot stop thinking about the negative consequences of economic inequality (E.I.) and by transitive property  income inequality. I am not an economist nor confident in my ability to correctly use many of the terms associated with this subject but one thing I am certain of is that the mental health of a nation is directly correlated to economic inequality.
The bigger the difference in wealth between most of the nation’s citizens vs. the wealthiest AND/OR the individuals in charge the worse that country ranks in terms of mental health, specifically something I realized but never knew was definable, least of all quantifiable. If I emotionally set aside all the other problems caused by the hoarding of wealth, which easily overwhelms me, I can see economic inequality for the trend that it really is. All trends, like fashion, can go out of style if the right person or amount of people make it so.

When Wilkinson pointed out that E.I. influences a nation’s perceived social hierarchy I was at a loss. This was the magic straw. In the video and for the first time was something I had experienced, contemplated, feared, and in the end, let rule my life and never even knew it was happening – until now. What exactly did Richard Wilkinson point out? Hmmm, let’s see if I were to ignore the fact that growing up in a country with a high E.I. my social mobility is greatly determined by my parents. If they have money, I would have money and it would be easier to get money later in life. My parents did not have money. Regardless, hard work paid off. I climbed and then, I sank. It is here that I want to reference Wilkinson’s video and to me the most disturbing fact. That being, a country’s E.I. directly affects an individual’s perceived social hierarchy, meaning that if an individual did not originate from the highest bracket of the wealthiest group, these outside issues will hammer a nail into someone’s social, mental, and emotional stability, effectively silencing the little voice that says, “Yes, you can do this. Yes, you do deserve this. Yes, you do belong here”.

I think it’s very important that citizens of high E.I. realize that it is harming them, and it is doing so in a vastly different and subtle way. Richard Wilkinson’s video has really helped me grasp the concept of economic inequality. Suddenly, it changed from a vague problem I have no influence over into something manageable with a real-world solution for putting a much-needed trend out of style.

Hoping for the best,
-Jane