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NextGen Magazine

 
 

OECD Finds 'Clear Sense of Dissatisfaction and Injustice' Among People in Advanced Economies

By:
Chris Gaetano
Published Date:
Mar 19, 2019
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While people in wealthier countries have access to a great deal more material goods than those in the rest of the world, a study by the Organisation for Economic Co-operation and Development (OECD) has found that there is still a "clear sense of dissatisfaction and injustice” among their population, according to Bloomberg. A survey of 22,000 people in 21 different countries found that, overall, there is a great deal of dissatisfaction with the current structure of power. Fewer than 20 percent believe the wealthy pay their fair share into society, most feel they would not be able to meet expenses in the event of an emergency, and there is a general sense that the government does not listen to their views. Primarily, people are worried about money, health and housing and think their governments are not up to the task in addressing these concerns. The OECD survey noted that this is not a sentiment expressed only among the very poor either: this attitude was found to be prevalent also in those with high educations and incomes. Despite this disenchantment with government, the survey also found a large deal of support for increased social spending, with 40 percent saying they'd be willing to pay higher taxes for better benefits and pensions.