The Conversation

Bad wealth made good: how to tackle Britain’s twin faultlines of low growth and rising inequality

In the run-up to the 2024 election, future prime minister Keir Starmer labelled wealth creation Labour’s number one mission. “It’s the only way our country can go forward,” he declared. “We should nourish and encourage that – not just individuals but businesses.”

Starmer was right, in theory. But wealth creation is a slippery concept. Essential for economic and social progress, it can also work against both. It’s therefore vital to distinguish between “good” and “bad” wealth.

A bold new investment fund aims to channel billions into tropical forest protection – one key change can make it better

Cattle, the No. 1 cause of tropical deforestation, roam on tropical forest land that was stripped bare in Acre, Brazil. AP Photo/Eraldo PeresThe world is losing vast swaths of forests to agriculture, logging, mining and fires every year — more than 20 million acres in 2024 alone, roughly the size of South Carolina.

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