HOW FAT CATS ROCK THE BOAT

The question of earnings - who earns what, and whether or not they're worth it - has never been more contentious. Great gulfs are widening between different groups: rich and poor, private sector and public sector, worthwhile professions and occupations concerned solely with wealth-extraction. More significantly, inequality is growing within those groups: between a few mega-earning superstars, and the mass of dispensable also-rans.There are complex economic forces at work, but the basic trend is simple: in future, a few winners will get richer, while rest of us get poorer. This survey of the new `winner-take-all' society explains the mechanisms behind one of the most potent social forces of our day, and predicts the rise of a new politics of envy

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Imagine that we live in a world in which, owing to genetic mutation, income translates directly into height. The richer you are, the taller you are. Then imagine that the entire population of Britain marches past you, in the course of an hour, ranked in order of their income. What sort of procession would you see?

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