Why You Won't Get Rich: How Capitalism Broke its Contract with Hard Work
- ISBN-10
- 1786078082
- ISBN-13
- 9781786078087
- Category
- Social Science
- Pages
- 320
- Language
- English
- Published
- 2021-02-09
- Publisher
- Simon and Schuster
- Author
- Robert Verkaik
Description
In 2020, for the first time in its history, UNICEF began feeding hungry children in the UK whose capital city boasts more billionaires than any place on earth. 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. Why You Won't Get Rich tells the stories of people at the bottom as well as the top of our economy, revealing how capitalism in its current form is too blunt an instrument to tackle Britain's epidemic of inequality. The only way to reverse the damage is if people feel they have a financial stake in society.
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