Stories
Slash Boxes
Comments

SoylentNews is people

SoylentNews is powered by your submissions, so send in your scoop. Only 17 submissions in the queue.

Project Davos: What's the Single Best Way to Close the World's Wealth Gap?

posted by Fnord666 on Saturday January 20 2018, @10:26PM   Printer-friendly
from the eat-the-rich dept.

AnonTechie writes:

Donald Trump and Angela Merkel will join 2,500 world leaders, business executives and charity bosses at the World Economic Forum (WEF) in Davos, Switzerland which kicks off on 23 January. High on the agenda once again will be the topic of inequality, and how to reduce the widening gap between the rich and the rest around the world.

The WEF recently warned that the global economy is at risk of another crisis, and that automation and digitalisation are likely to suppress employment and wages for most while boosting wealth at the very top.

But what ideas should the great and good gathered in the Swiss Alps be putting into action? We'd like to know what single step you think governments should prioritise in order to best address the problem of rising inequality. Below we've outlined seven proposals that are most often championed as necessary to tackle the issue – but which of them is most important to you?

  • Provide free and high quality education
  • Raise the minimum wage
  • Raise taxes on the rich
  • Fight corruption
  • Provide more social protection for the poor
  • Stop the influence of the rich on politicians
  • Provide jobs for the unemployed

https://www.theguardian.com/inequality/2018/jan/19/project-davos-whats-the-single-best-way-to-close-the-worlds-wealth-gap

Do you think these ideas are enough, or are there any better ideas to close this wealth gap ? You too can participate and vote for the idea that, you think, works best.

Original Submission

 
This discussion has been archived. No new comments can be posted.
Project Davos: What's the Single Best Way to Close the World's Wealth Gap? | Log In/Create an Account | Top | 361 comments | Search Discussion
Display Options Threshold/Breakthrough Mark All as Read Mark All as Unread
The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.

  • (Score: 0) by Anonymous Coward on Sunday January 21 2018, @03:34PM (1 child)

    by Anonymous Coward on Sunday January 21 2018, @03:34PM (#625662)

    What you describe is a situation in which most people can not afford to take any kind of risk.

    This is why we have bankruptcy protections.

    The effect of that is to entrench the wealthy and increase wealth disparity.

    No, you're describing the welfare trap.

    Increased wealth disparity has historically been associated with lower growth.

    Those on welfare are not creating wealth.

    You can't see beyond blaming poor people for their own poverty. It's a short-sighted and cruel vision.

    You can't see beyond trapping the poor in poverty. It's a short-sighted and cruel vision.

  • (Score: 0) by Anonymous Coward on Thursday January 25 2018, @09:27PM

    by Anonymous Coward on Thursday January 25 2018, @09:27PM (#627869)

    Hey, mr. moron decided to go AC.

    1. you have no clue
    2. yup, still no clue
    3. wow, no clue again? maybe let people on welfare work a job and remain on welfare until their income is actually livable? naaah, let stay clueless!
    4. ignorance of reality is no excuse, now go stand in the corner!