Dangerous Trends - Remarks by Angel Gurrķa, OECD Secretary-General

[Shakespear]

Well who would expect this from a conservative "free market" priest of the West to utter these observations,

On Monday, the secretary general of the OECD, Angel Gurria, addressing the Chinese Academy of Governance in Beijing, delivered a remarkable warning about rising inequality and the damage it does. He is not some socialist ideologue, but the head of a historically conservative organisation that traditionally preaches free markets and state austerity. However, recently the OECD has become alarmed at what is happening within the western societies it monitors, the soaring inequality and dysfunctional social fracture.

Our analysis shows that, across the OECD area, the average income of the richest 10% of the population is about nine times that of the poorest 10%, up from seven times 25 years ago. But this hides very different outcomes. Nordic countries’ ratio is 6 to 1 while the US and Turkey is 14 to 1. This is a very steep increase in inequality. What’s more: the top 1% of the population has recorded particularly large income gains over the past two decades, adding fuel to the protest movements from London to New York, from Tel Aviv to Santiago de Chile and from Plaza del Sol to Tahrir Square.

http://www.oecd.org/document/13/0,37..._1_1_1,00.html

But then he is doing it in CHINA !!!

http://www.guardian.co.uk/commentisf...get-inequality