WRITE ABOUT THE IMPORTANCE OF EARTH EQuality
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Equality matters in terms of health and happiness, but surprising new data reveals that it is also better for the environment – in the more equal rich countries, people on average consume less, produce less waste and emit less carbon. By
The most important benefit of the equality effect may be that it leads us to behave in ways that are less environmentally damaging. The evidence for this is only emerging now. We can track the effect across a range of indicators by looking at the 25 richest countries in the world, which have varying levels of inequality. The measure of inequality used here is the ratio between the incomes of the best-off 10 per cent of households and those of the worst-off 10 per cent. Bear in mind that this comparison is different from that on Page 14, which compared the income of the top one per cent with the average income. Bear in mind also that the figures for the very rich are probably an underestimate because so much of their income and wealth is hidden, especially in the most unequal countries.
All the same, it is clear that some rich countries are substantially more unequal than others, ranging from the most unequal – the US – to the most equal – Denmark.
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The most important benefit of the equality effect may be that it leads us to behave in ways that are less environmentally damaging. The evidence for this is only emerging now. We can track the effect across a range of indicators by looking at the 25 richest countries in the world, which have varying levels of inequality. The measure of inequality used here is the ratio between the incomes of the best-off 10 per cent of households and those of the worst-off 10 per cent. Bear in mind that this comparison is different from that on Page 14, which compared the income of the top one per cent with the average income. Bear in mind also that the figures for the very rich are probably an underestimate because so much of their income and wealth is hidden, especially in the most unequal countries. All the same, it is clear that some rich countries are substantially more unequal than others, ranging from the most unequal – the US – to the most equal – Denmark