Who would have thought this, that increasing inequality would undermine democracy, whatever that means now:
https://www.bbc.com/news/education-48229037
“Widening inequalities in pay, health and opportunities in the UK are undermining trust in democracy, says an Institute for Fiscal Studies report. The think tank warns of runaway incomes for high earners but rises in "deaths of despair", such as from addiction and suicide, among the poorest. It warns of risks to "centre-ground" politics from stagnating pay and divides in health and education. The report says such widening gaps are "making a mockery of democracy". The Institute for Fiscal Studies (IFS), one of the country's leading research institutes, is launching what it says is the UK's biggest analysis of inequality. That will be chaired by Nobel Prize-winning economist Prof Sir Angus Deaton. He said "people were troubled by inequality" more than at any time since the 1940s - and the impact was so serious that it suggested "democratic capitalism is broken".