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Concrete tunnels and permafrost: How Sweden is future-proofing skiing

King Carl Xvi Gustaf Of Sweden: 50 Years Of Banal Royalism

King Carl Xvi Gustaf Of Sweden: 50 Years Of Banal Royalism
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How we feel about the rich depends on how they got so wealthy

How we feel about the rich depends on how they got so wealthy Torsten Bell © Provided by The Guardian Photograph: Chad Ehlers/Alamy It’s the nature, not just the level, of your inequality that matters. How a country feels is about differences in income between rich and poor, but also how the sources of that income differ. That’s the useful reminder from new research examining how capitalism varies between countries and over time. In olden times, the rich got their income from capital (ie owning assets), while the masses relied on labour income (ie from doing some work). Many cling to that view of the world, but it’s not a good description of today’s capitalism in many countries, including the UK.

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