Global wealth inequality statistics are misleading and perpetuate misconceptions.
The article argues that wealth inequality in the UK is not as severe as often portrayed in the media. Recent increases in inequality were mainly due to housing wealth. Global income inequality has actually been decreasing. Simply looking at wealth or income numbers doesn't tell the whole story, as they don't consider factors like debts or assets. Trying to control inequality is complex and can have unintended consequences. Inequality is the result of many individual factors and policies, not just a simple distribution of wealth.