Social Tensions Rise Due to Income Inequality of Citizens
OREANDA-NEWS. As economic inequality increases, tensions are increasing in society. One of the reasons for this growth is the incomes of the super-rich, experts said at the conference "Socio-economic inequality and poverty in the modern world: dimensions, dynamics, prospects in an era of uncertainty" at the Higher School of Economics, RBC said.
According to Svetlana Mareeva, head of the Center for Stratification Studies at the Higher School of Economics, Russia is one of the leading countries in terms of wealth concentration. In the country, 1% of the super-rich Russians will get out 43 to 56% of Russia's money. However, in China and the United States, property inequality is significantly less than in Russia.
This spurs social tension, Russians are unhappy that large sums of money are earned not in intellectual fields, but in the extraction of natural resources, Mareeva emphasized. Experts have named the most popular sign of a just society is equal access to medicine.
In the United States, there was the most significant gap between the super-wealthy and the middle-class. According to the expert, Russia in this issue is "average" in the world in terms of inequality.
According to the Boston Consulting Group (BCG), about 500 Russians own 40 percent of all financial assets.
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