According to OECD data, in the UK, the average income of the richest 10% is almost 10 times higher than the income of the poorest 10%. Especially during the years 2005-2011 the gap has widened. The level of income inequality in the UK has been well above the OECD average. Although the UK economy managed to create jobs since the recession, productivity
The World Bank was always dominated by the United States, but in its earlier years and up to the 1980’s – the time when neoliberalism and the Washington Consensus – started their merciless ascent, the World Bank financed and carried out some real ‘grass-roots’ projects