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  • Episode 6: What and how does the public think about wealth and wealth inequality, and what kinds of narratives make them more or less supportive of change?
    2025/09/05
    If we want action on extreme wealth, how we frame it as a problem in the media and in campaigning activity matters. Specific ways of talking about it make the public more or less likely to support re- or pre-distributive measures. In this final, bumper episode we ask, what does the public think about wealth, the wealthy and wealth inequality, and can certain 'frames' increase public support for higher taxes on the rich? (Spoiler alert: Yes they can!) In part 1, Jonathan reflects on over a decade of work on understanding how the public perceives inequality, and the effect of system-justifying beliefs like meritocracy on support for redistribution. He introduces early findings from a recent collaborative project called Wealth Talks (https://www.jonathanmijs.com/wealthtalks), which examines how ordinary citizens in the global south and north discuss wealth and inequality in everyday conversations. In part 2, the focus switches to the UK. Will discusses recent work by the Fairness Foundation (the National Wealth Surplus, and The Wealth Gap Risk Register) and Michael introduces findings from experimental research reported in Talking about wealth inequality. This work raises important questions about how the public makes moral evaluations about wealth and the wealthy, and points towards 'what works' to increase public support for redistribution. The conversations also look at: why the “economy as a household” metaphor entrenches austerity thinking; why property and inheritance are moral flashpoints; how civic spaces shape our perceptions of inequality; and why artists and storytellers may be the ones to ignite public interest and engagement around the era-defining issue of economic inequality. Sarah Kerr speaks with Jonathan Mijs, Associate Professor of Sociology at Boston University, Dr. Michael Vaughan, Leverhulme Early Career Fellow at the London School of Economics’ International Inequalities Institute, and Will Snell, Chief Executive of the Fairness Foundation. They discuss recent research findings on how the public perceives and makes judgements about wealth, the wealthy and wealth inequality. They think about what the results could mean for the work of economic justice campaigners.
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    1 時間 11 分
  • Episode 5: The social division of tax policy: Who really benefits?
    2025/08/27
    "What do we want?" "Transparency and good data about tax expenditures!" "When do we want it?" "Now!" It's possibly not the rallying cry that 'Tax the rich!' is. But reforming tax expenditures is a wealth distribution lever that could have significant beneficial effects for those at the bottom. It's the less sexy cousin of wealth tax in economic injustice campaigning activity. But should that change? Dr Sarah Kerr speaks with Professor Emeritus Adrian Sinfield about how tax reliefs and fiscal welfare quietly shape inequality in the UK. While politicians often present cuts to social welfare as a “tough choice”, they are much less explicit about what they were choosing between that made the choice so difficult. What was it that the cuts to, say, disability benefit, allowed them to continue to support? Sarah and Adrian look at tax expenditure as one of the things that 'tough choices' elsewhere in the system make it possible to continue funding. Drawing on Richard Titmuss’s idea of the Social Division of Welfare, Adrian explains that welfare does not just mean benefits for worse off, it also includes occupational benefits like employer pensions, and fiscal welfare in the form of tax breaks. These hidden subsidies account for around 8% of GDP, yet they are rarely evaluated or discussed. And they have the effect of funnelling large sums through the tax system to those who are already better off. For example, the richest 10% of taxpayers receive about half of all pension tax relief, while the poorest half receive only one-tenth between them. Other major reliefs include exemptions on capital gains from selling a home, and reliefs on private education. Each of these disproportionately benefits wealthier households, and encourages damaging environmental and social outcomes. And despite their huge cost to the public purse – we’re talking over £200 billion a year - these expenditures are poorly monitored, with little information on who gains by income, gender, or region. Where the US publishes an annual tax expenditure budget, the UK provides only partial data and avoids scrutiny of these hidden forms of welfare. Adrian makes the case that what is needed is greater openness, systematic evaluation, and recognition that tax reliefs are not technical details but powerful policy tools that reinforce inequality. By bringing them into the public conversation, we can more readily understand and evaluate the political choices being made between what (and who) to continue funding, and what (and who) to stop funding.
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    57 分
  • Episode 4: When does wealth become harmful? Should there be limits?
    2025/08/20
    When does having “enough” turn into having too much? The richest people on the Sunday Times rich list are 5,000 times as rich as somebody who's already in the top 1%. Do they really need their surplus billions more than society needs money to improve public services and lift low paid workers up to a living wage? Sarah Kerr talks to Luke Hildyard and Fernanda Balata about the idea of limits. Luke is Executive Director of the High Pay Centre and author of 'Enough: Why It’s Time to Abolish the Super Rich', and Fernanda Balata is a political economist with the New Economics Foundation and co-author of Exploring an extreme wealth line. Insights from political figures, policy experts, and millionaires on a threshold for harmful wealth. Together, they think about what the moral, efficiency, and environmental cases are for limiting wealth ownership at the top, and explore the moral and efficiency case for increasing the share of collective wealth, and the levers of corporate and political governance, held by the people who actually produce the wealth in the first place (that is, the workers).
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    57 分
  • Episode 3: The colonial foundations of contemporary wealth gaps: What are the links between past injustice and present inequality?
    2025/08/12
    Colonialism played a huge role in shaping the modern world, but it’s often left out of the discussion when we talk about today’s inequalities of wealth. Looking at Europe's colonial past is essential to understanding the wealth disparities we see today. Professor Gurminder K. Bhambra is a Professor of Historical Sociology at the University of Sussex. Her research focuses on global historical sociology and the political economy of colonialism. In this episode Gurminder talks to Sarah Kerr about how national assets, like the British welfare state, were partly built on money taken as taxation from colonies, with no benefits returned to the people who paid. They talk about how a better understanding of this history might change the way we think about who has a right to public resources like healthcare and education today, and about what the obligations might be of countries who became rich by making other countries poor. The discussion covers everything from land ownership patterns before and after 1066, to colonial taxation and famine, the history of land ownership, philanthropy, and the political power of the wealthy. Gurminder argues that wealth in countries like Britain has always been linked to poverty elsewhere, and that we need to see justice as a global issue, not just a national one. Understanding these connections, she says, is the first step to building a fairer world – one where our public services and living standards aren’t sustained by the exploitation of others.
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    40 分
  • Episode 2: How do we define and measure poverty and wealth, and what is the relationship between them?
    2025/08/06
    In this episode, political philosopher Professor Jonathan Wolff and sociologist Professor Mike Savage join Sarah Kerr to explore whether and how a sharper focus on wealth - not just income - might be necessary for addressing poverty. Jo co-authored A Philosophical Review of Poverty with Edward Lamb and Eliana Zur-Szpiro in 2015. Ten years on, Jo talks to Sarah about how poverty is defined and measured. They discuss the merits of income-based measures of poverty and explore the capabilities approach. Is there something specific about wealth as an economic resource that shapes poverty in particular ways? Is it helpful to think about 'wealth poverty'? In the second half of the show, Professor Mike Savage talks to Sarah about the history of wealth accumulation and the way that inequalities in wealth reinforce inequalities of race, sex and class. Mike makes the case that class politics today is shaped less by occupation and more by access to assets, and argues that the return of wealthy elites is reshaping society in ways we are only beginning to understand. Series 1 of Antisocial Economics: Talking about Wealth runs as a six-part special edition hosted by Dr Sarah Kerr.Sarah is a Research Fellow at the International Inequalities Institute. Her work focuses on the political and historical sociology of wealth. She completed her PhD at University College London and is the author of Wealth, Poverty and Enduring Inequality: Let’s Talk Wealtherty (2024). She is also co-author of Changing the Narrative on Wealth Inequality (2024) and Talking About Wealth Inequality (2025), with Michael Vaughan and Annalena Oppel. Antisocial Economics is a space for accessible, critical thinking about wealth as a social problem. The podcast explores the effects of extreme private wealth ownership on social cohesion and environmental sustainability. It asks what changes when we stop looking down at poverty and start looking up at wealth.
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    58 分
  • Episode 1: How does economic insecurity help to explain Britain’s political volatility? And what is the role of wealth in this equation?
    2025/07/30
    Economic insecurity in midlife is compounded by lack of wealth in the form of savings or private pensions. Professor Jane Green is a political scientist at the University of Oxford and one of the lead researchers for ‘The British Election Study’. In 2025, she co-authored a report for JRF with colleagues at the Nuffield Political Research Centre called ‘Addressing Key Voters’ Economic Insecurity is Vital for all Parties’. In this episode, Jane talks about this report and reveals the links between economic insecurity and current political discontent and electoral volatility. The study presents a more nuanced way to understand economic hardship, focusing not just on income or poverty but on people’s subjective sense of economic insecurity; worries about outgoings, lack of savings, and fears for the future. The report shows that economic insecurity is widespread, especially among midlife households who have high outgoings and a limited safety net. This insecurity is linked to political disengagement and shifting voter behaviours. Notably, Labour lost far more support from insecure voters than secure ones ahead of the 2024 election. Green argues that parties must address economic insecurity - not just poverty - to reconnect with voters. Professor Jane Green and Dr Sarah Kerr explore how wealth (in this context, in the form of savings or property wealth and pensions), rather than income alone, shapes people’s life chances and contributes to their sense of economic security. Series 1 of ‘Antisocial Economics: Talking about Wealth’ will run as a special series of 6 episodes. Sarah Kerr is a Research Fellow at the International Inequalities Institute. She completed her PhD at the University College London on the long legislative history of inequality between richer and poorer people. Her research interests include forms of justice-making, power, the historical sociology of wealth, and public and political attitudes to wealth, the wealthy and wealth inequality. She co-authored ‘Changing the narrative on wealth inequality’ with Michael Vaughan in 2024, and ‘Talking About Wealth Inequality’ with Michael Vaughan and Annalena Oppel in 2025. In 2024, Sarah published Wealth, Poverty and Enduring Inequality, Let’s Talk Wealtherty. Starting from the premise that continuing to centre poverty encourages researchers and policymakers alike to 'look down' she contributes to a strand of social policy and sociological literature that asks what happens if we 'look up'? Putting wealth at the heart of a social critique and redescribing the relations we see around us - and the history of those relations - from this perspective, the book recasts the history between the state and richer and poorer people through the idea of wealtherty: the enablement of wealth hyper-concentration; the perpetuation of social and policy divisions; the marketisation of influence; the gatekeeping of knowledge-making and knowledge resources. —------------------------------------------------------------------------------- Antisocial Economics is an informed and accessible space for thinking and talking about wealth as a social problem, and specifically, for thinking about the effects of extreme private wealth ownership on social and environmental sustainability. So why is the podcast called Antisocial’ Economics? The economy isn’t working for most people, and wealth inequality is at the heart of the problem. We all work hard, but the wealth we create together is extracted to enrich a few men at the top. It feels unfair. And that’s because, frankly, it is! This podcast is for anyone who wants to understand our social economy in a more critical way.
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    34 分
  • Trailer - Antisocial Economics
    2025/07/14
    The economy isn’t working for most people, and wealth inequality is at the heart of the problem. We all work hard, but the wealth we create together is extracted to enrich a few men at the top. It feels unfair. And that’s because, frankly, it is! I’m Sarah Kerr, a sociologist of wealth, and I’m going to be talking to interesting researchers and social campaigners about the relationship between wealth and poverty. We’re going to explore the effects of wealth on democracy and the colonial origins of the (massive) contemporary racial wealth divide. We’ll be thinking about whether there should be an upper limit to wealth ownership, and asking why it’s so hard to do anything about it. And we’ll be asking whether the super-rich have got a welfare dependency problem. Antisocial Economics is an informed and accessible space for thinking and talking about wealth as a social problem. You can begin to tune in to season one on July 30th, and one episode will be released each week for a total of six episodes.
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    2 分