Te World Economic Forum has recognised intellectually that Scandinavian social models offer an alternative to rising inequality. It just can’t accept this ideologically.
We live in a society where children’s well-being as adults is overwhelmingly determined by the incomes of their parents. Inequality was not a natural outcome of the market and technology.
Data shows the decline in the national poverty rate.Yet, most states have still not recovered to their pre-great-recession poverty rates, and 40 states had higher poverty rates in 2017 than in 2000,