Friday 21 July 2017

An awakening from the slumber of indifference to inequality

Christine Lagarde: new-found awareness of inequality
Christine Lagarde: new-found awareness of inequality
Letters to the Editor

Letters to the Editor

So it is goodbye Europe, goodbye Mr Cameron, and hello Boris Johnson. The psychodrama of the rivalry between two school chums has been played out on an international stage with a denouement worthy of a Shakespearean tragedy, triggering the onset of a national nervous breakdown fuelled by constitutional and economic chaos.

What has emerged from a cloud of personal ambition is a wake-up call for political and economic elites who live off the electorate, not for them. We have experienced an awakening from the slumber of indifference to the inequality of wealth and opportunity that defines the lives of so many. Immigration has become a scapegoat for more fundamental ills. The divide between the haves and the have-nots has been steadily widening. It will be an uphill task to bring a fragmented nation together by renegotiating our relationship with those who feel left behind.

Talk of economic growth rings hollow in the ears of those who are not its beneficiaries. Voting in droves to opt out of Europe, their voice has now rung clearly in defiance of the so-called expert advice of big business, banks and some economists.

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