Economic inequality is widespread and to some extent inevitable It is our belief,
however, that where rising inequality is not properly addressed, it leads to all manner of political and social catastrophes. Avoiding these begins with careful monitoring.

In all societies, human beings care deeply about inequality changes in inequality levels have concrete consequences for people’s living conditions, and they challenge our most basic and cherished notions of justice and fairness are different social groups getting all they deserve" Is the economic system treating different categories oI labor-income earners and property owners in a balanced and equitable
manner, both locally and globally" Across the World, people hold strong and often contradictory views on what constitutes acceptable and unacceptable inequality.

Again, to some extent, this will always be so our objective is not to bring everyone into agreement about inequality: this will never happen, for the simple reason that no single, scientific truth exists regarding the ideal level of inequality, let alone the ideal social policies and institutions to achieve and maintain it. ultimately, it is up to public deliberation and political institutions and processes to make these diIficult decisions

Still, without aspiring to maNe everyone agree on the ideal level of inequality, we can hope and believe it is possible to agree about a number of inequality facts. the immediate objective oI this report is to bring together new data series from the World Wealth and income database (Wid.world) to document a number of newly discovered trends in global inequality.