The "pain of inequality": how the psychological and the economic intersect to maintain the most unequal society in the world

CATEGORY: Office of the CEO
DATE: 11 March 2019

“At the heart of the explanation [for the persistence of poverty and inequality in South Africa] is the relationship between structural reality and psychological features,” argued Prof. Crain Soudien, HSRC CEO, at a public lecture on 4 March. According to Soudien, the psychological effects of social structures based on race and gender, and the pain of inequality, must be recognised alongside economic mechanisms to fully explain South Africa’s persistent inequality. By Andrea Teagle.