Sunday, February 7, 2021

Rich get richer, Poor get poorer

 There is a popular dialogue from the Tamil movie Sivaji, starring Superstar Rajinikanth “Rich get richer, poor get poorer” {Thalaiva! 😎}. Without even drawing on the backdrop of black money that Rajini looks to portray through this dialogue, the line by itself cannot be more true.

Income inequality has been talked about for decades but the COVID-19 pandemic has made the situation much, much worse. White collared workers largely escaped the wrath of the lockdowns and restrictions which hit blue-collar workers manifold. Alas, if you earn your pay at the end of every day and you can’t show up, there is no pay to earn. Income is not unidimensional- it affects access to healthcare and formal education; things considered essential for societal wellbeing. Loss of income has a debilitating impact on lower income households, where there is barely any scope for savings that can be used to push through difficult times.

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