Think rich people tend to be big-headed and selfish?… Well actually it’s not them, it’s the money… (Youtube Video)
 
 (see more research by Paul Piff on his website and in a broader article about the psychology of money)
 
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Suffer the children

The impacts of child poverty are costing Sheffield £265 million every year (Sheffield Equality Group press release) according to a new report by the Child Poverty Action Group, which also outlines many ways local councils can work to reduce the impact of Government reforms…
 
…and an excellent study in the US looking at social mobility found “significant correlations between intergenerational mobility and income inequality, economic and racial residential segregation, measures of … school quality, social capital indices, and measures of family structure … Each of these correlations remained strong even after controlling for measures of tax expenditures. Likewise, local tax policies remain correlated with mobility after controlling for these other factors” (this extract is from the research summary PDF)…
 
…evidencing that where the social support isn’t there and family suffers, then children struggle, as reflected in this Children’s Society research
 
 …sadly the current assumption seems to be that when children struggle, well it’s just their fault (Guardian)…
 
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A Living Wage

“There are strong economic reasons for a living wage. And there are even stronger moral ones. It is unjust that workers at the bottom of this country’s pay scale suffer so egregiously while executives, CEOs and shareholders help themselves to a disproportionate share of the spoils.” – Observer editorial reflects on the setting up of a Living Wage commission headed by John Sentamu  (Guardian)
 
Four out of five jobs created since the crunch have been in the low-paid sector according to new research by the TUC, with the biggest job losses hitting the middle-pay sector…
 
…meanwhile an estimated £80 billion is being paid as dividend to investors  (Daily Telegraph), as this quarter was the most profitable ever…
 
…the alternative is to share it out, Sports Direct staff have gained £100,000 bonuses (Guardian), from senior-execs to shelf-stackers…, but sadly it turns out their profits are largely thanks to ripping off 90% of their staff with zero hours contracts (Guardian) (there’s a 38 Degrees petition to sign if you think that’s rubbish)…
 
…thankfully there are real alternatives. This excellent New Economics Foundation report puts forward ideas for how local government and the voluntary sector can have a real impact…