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The new inequality debate

German President Joachim Gauck’s visit to India this week is a reminder of how Germany is addressing inequality, with better wages, benefits for the poorest, and other measures. When the gap between the rich and poor is growing globally, it is time for India’s prime ministerial aspirants to also focus on this issue When even Davos concerns itself with rising inequality, you can be sure that the problem has become grave. You can also be sure that a forum concerned with protecting the fortunes of attendees, each of whom paid a participation fee running into thousands of dollars can, at best, have no worthwhile solution. Or worse, that it will propose policies that will only aggravate the trend.

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