By Mike Treen,national director of the Unite union (New Zealand)
January 14, 2014 -- The Daily Blog, posted at Links International Journal of Socialist Renewal with the permission of the author -- Everyone from the Pope Francis to US President Barack Obama is bemoaning the effect that inequality is having on the world today. It is even being blamed for the depth of the economic recession and the weakness of the current recovery because it is claimed that poorer people spend a larger portion of their income than the rich who save more and thus more equal income would help revitalise the economy.
