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<title>Most people now distrust capitalism and want govt to tackle income inequality, research finds</title>
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<span class="mcnPreviewText" style="display:none; font-size:0px; line-height:0px; max-height:0px; max-width:0px; opacity:0; overflow:hidden; visibility:hidden; mso-hide:all;">Most people now distrust capitalism and want govt to tackle income inequality, research finds</span>
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Most people now distrust capitalism and want govt to tackle income inequality
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<table align="left" border="0" cellpadding="0" cellspacing="0" style="max-width: 100%;min-width: 100%;border-collapse: collapse;mso-table-lspace: 0pt;mso-table-rspace: 0pt;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%;" width="100%" class="mcnTextContentContainer">
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<td valign="top" class="mcnTextContent" style="padding-top: 0;padding-right: 18px;padding-bottom: 9px;padding-left: 18px;mso-line-height-rule: exactly;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%;word-break: break-word;color: #202020;font-family: Helvetica;font-size: 16px;line-height: 150%;text-align: left;">
<p style="margin: 10px 0;padding: 0;mso-line-height-rule: exactly;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%;color: #202020;font-family: Helvetica;font-size: 16px;line-height: 150%;text-align: left;">Despite the results of the general election, the swing in public opinion towards a more left-wing paradigm seen since 2017 has continued. New research has found that the majority of people believe that capitalism has gone too far and that the government needs to tackle the issue of income inequality. And it isn't just the general population that is worried about these problems. Breaking from its historical support of free market economics, the International Monetary Fund is urging governments to intervene in unfair wealth distribution too.<br>
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A <a href="https://ier.us12.list-manage.com/track/click?u=f121e48a8bb6d3101590c12d3&id=0c6d759145&e=71131c031b" style="mso-line-height-rule: exactly;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%;color: #007C89;font-weight: normal;text-decoration: underline;">major survey of around 34,000 people</a> globally has found that public opinion has turned on capitalism, with most respondents saying they believe it now does more harm than good. These findings coincided with another large <a href="https://ier.us12.list-manage.com/track/click?u=f121e48a8bb6d3101590c12d3&id=ca2fc82dfc&e=71131c031b" style="mso-line-height-rule: exactly;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%;color: #007C89;font-weight: normal;text-decoration: underline;">poll by the Social Mobility Commission</a>, which found that most of the UK population wants to see the government do more to tackle the lack of opportunities afforded to the least well off.<br>
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These concerns have been echoed, rather uncharacteristically, by the International Monetary Fund, the leader of which has <a href="https://ier.us12.list-manage.com/track/click?u=f121e48a8bb6d3101590c12d3&id=c6a51afe29&e=71131c031b" style="mso-line-height-rule: exactly;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%;color: #007C89;font-weight: normal;text-decoration: underline;">called on governments to tackle income inequality</a>, including by increasing taxation on the wealthiest, warning that deepening inequalities have historically been shown to destabilise economies and that narrowing the gap between rich and poor will stimulate growth and productivity.</p>
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<strong>Most people now believe capitalism does more harm than good, poll finds</strong><br>
<span style="color:#000000">Most respondents to a major survey say they believe capitalism does more harm than good, with a majority worried about job loss and financial insecurity.</span>
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<strong>IMF warns against increasingly unfettered capitalism; urges govts to tackle income inequality</strong><br>
<span style="color:#000000">In a series of recent statements, the International Monetary Fund (IMF) has warned governments to rein in the excesses of capitalism and take measures to tackle income inequality.</span>
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<strong>Most people think the govt should do more for the most economically disadvantaged, poll finds</strong><br>
<span style="color:#000000">The latest Social Mobility Commission’s poll of the UK population has found that most people think the government is not doing enough to help the most economically disadvantaged members of society to improve their lot.</span>
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<strong>Some parents to gain two weeks’ bereavement leave on death of child</strong><br>
<span style="color:#000000">Some parents will have the right to two weeks of paid bereavement leave if they lose a child, after the Parental Bereavement Leave and Pay Regulations come into effect in April 2020.</span>
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