The Gap Between the Rich and Poor
The gap between the rich and poor is a pressing issue that resonates deeply with young people today. Inequality between classes in the UK has become a focal point for many, raising concerns about economic disparities and their impact on society.
Understanding the Impact
As highlighted in recent discussions, including insights from popular influencers, young people are increasingly aware of the stark inequalities prevalent in society. This awareness is crucial for fostering civic engagement and encouraging more informed voting decisions.
We’ve been sharing perspectives on key issues that matter to you. This week, our focus is on economic inequality, a topic that Vinspired Senior Mentor tackles head-on.
Personal Experiences of Inequality
Having spent a significant part of my life on benefits, I’ve experienced firsthand the challenges of financial constraints. Living independently during sixth form with just over £50 a week, I know what it means to weigh every spending decision carefully. The gap between rich and poor highlights the immense inequalities in Britain, which is why this issue is so important to me.
How Does This Affect the Youth Vote?
According to a 2013 ONS survey, the richest 1% in the UK now own as much wealth as the poorest 55%. This growing disparity fuels young people’s disillusionment with politics. Many feel disengaged, questioning why they should vote when it seems those at the top will remain unaffected by political changes.
Let’s Crunch the Numbers
While some argue that the wealthy contribute to the economy through taxes, between 2012-13, £34 billion less tax was collected than should have been. This shortfall equates to £500 per person annually, funds that could support public services, education, and more.
A Public School Frenzy
Examining parliament reveals a high number of MPs from affluent backgrounds. While MPs aren’t required to disclose their income outside of parliament, it’s known that many in the coalition’s cabinet are millionaires. This raises questions about representation and the influence of wealth on politics.
Young People Are in Control
Despite the financial power of politicians, they still require votes to stay in office. Young people have the numbers to influence change. By voting en masse, they can address tax loopholes and advocate for a more equitable system.
If young voters unite, they can shift politics away from its affluent roots and back to the people. It’s a choice between maintaining the status quo or voting for change.
Want to learn more about politics from your favorite influencers? Check out their #swingthevote videos on Vinspired.