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Full Description
Originally published in 1983, the contributors to this book focus on a small group of private individuals who own a large part of Britain's assets. In particular the book examines how new privileges were being created and old ones entrenched and magnified. It summarises what was then known about the distribution of income and wealth in British society and examines the sweeping changes made by the Thatcher Government. It pays special attention to the findings of the Royal Commission on the Distribution of Income and Wealth, which the Thatcher Government wound up, and provides a critique of the official view on the relative lack of importance of agricultural wealth. The book concludes with an examination of how different pension rights affect the distribution of income in old age.
Contents
Introduction: The Politics of Wealth Frank Field 1. Wealth and the Two Nations Chris Pond 2. The Right To Be Unequal: Inequality in Incomes Clive Playford and Chris Pond 3. Breaking the Mould: The Thatcher Government's Fiscal Policies Frank Field 4. Policy Issues in the Distribution of Income and Wealth: Some Lessons from the Diamond Commission Dorothy Wedderburn 5. The Taxation of Agricultural Wealth: Northfield and After Alister Sutherland 6. Rates and the Distribution of Income: Fact and Fantasy Anthony Christopher 7. Pensions, Wealth and the Extension of Inequality Mike Reddin.
