Events

Why the Racial Wealth Divide Matters

Hosted by the International Inequalities Institute

In-person and online public event (Hong Kong Theatre, Clement House)

Speakers

Dr Shabna Begum

Dr Shabna Begum

Dr Eleni Karagiannaki

Dr Eleni Karagiannaki

Faeza Meyer

Faeza Meyer

Professor Vimal Ranchhod

Professor Vimal Ranchhod

Chair

Professor Mike Savage

Professor Mike Savage

Escalating asset price inflation in recent decades has helped to expose wealth inequality as a major dimension of socio-economic inequality across the world. Wealthy households able to draw on owner occupied housing assets, private pensions, savings and financial investments have prospered whilst the majority of the populations, even in rich nations – have been exposed to harsh ‘austerity’ policies, and often the need to balance debt obligations. There is increasing evidence that wealth assets play a significant role in allowing social mobility advantages to the children of wealthy households. This event will present new findings underscoring the gravity of the racial wealth divide.

Although the historical study of the racialised elements of wealth inequality is widely known, with widely appreciated studies of slavery and imperialism, the contemporary racialisation of wealth inequality needs to be much better known. This event will feature original research conducted by teams at LSE’s International Inequalities Institute reflecting on findings from the UK, South Africa, and elsewhere.

Meet our speakers and chair

Shabna Begum (@shabnabegum76) is Head of Research at The Runnymede Trust. She completed her PhD at the School of Geography, Queen Mary University of London. Shabna's expertise includes racial inequalities in education and in access to housing and her most recent co-authored publications with the Runnymede Trust are Broken Ladders and Falling faster amidst a cost-of-living crisis: poverty, inequality and ethnicity in the UK.

Eleni Karagiannaki is an Assistant Professorial Research Fellow at the Centre for Analysis of Social Exclusion at the London School of Economics and Political Science and a Faculty Associate at LSE's International Inequalities Institute. She has done work on range of issues relating to poverty and inequality measurement and analysis with a particular focus on understanding how the tax and benefit systems, the labour market and the families interplay to shape socio-economic inequalities.

Faeza Meyer is a working-class black feminist based in the city of Cape Town in South Africa. She is a Water Justice activist, a member of the Africa Eco Feminist Collective (AEC), the African Water Commons Collective (AWCC), and the Western Cape Water Caucus (WCWC), who is a chapter of the South African Water Caucus (SAWC) and a member of the Africa Water Justice Network. 

Vimal Ranchhod is a Professor in the School of Economics at the University of Cape Town, and the deputy director of the Southern Africa Labour and Development Research Unit (SALDRU). He holds a PhD in Economics from the University of Michigan. He works on labour markets, poverty and inequality, education, and discrimination.

Mike Savage (@MikeSav47032563) is Martin White Professor of Sociology at LSE. He is co-founder and former director of LSE International Inequalities Institute, leading the 'Wealth, Elites and Tax Justice' research programme.

More about this event

This event forms part of LSE’s Understanding the UK Economy series, showcasing research and expertise on the state of the UK economy, its global context and its future.

The International Inequalities Institute (@LSEInequalities) at LSE brings together experts from many LSE departments and centres to lead critical and cutting-edge research to understand why inequalities are escalating in numerous arenas across the world, and to develop critical tools to address these challenges.

Twitter Hashtag for this event: #LSEUKEconomy

Featured image (used in source code with watermark added): Photo by Dennis Amith on Flickr 

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This public event is free and open to all. This event will be a hybrid event, with an in-person audience and an online audience. 

For the in-person event: No ticket or pre-registration is required. Entry is on a first come, first served basis. For any queries see LSE Events FAQ.

For the online event: Register for this event on Zoom at Why the Racial Wealth Divide Matters

For any queries email events@lse.ac.uk.

This event will be streamed live on YouTube.

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