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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
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.
(Score: 3, Informative) by legont on Saturday January 20 2018, @11:09PM (2 children)
Not that I personally care as it does not matter. The liberal international idea is done and gone for a foreseeable future.
Americans did not get a pay rise since 1979. Anybody believes it can be sustainable?
http://www.mauldineconomics.com/landing/the-five-people-shaping-my-worldview#article5 [mauldineconomics.com]
They better ask themselves how long till the land of the brave folks start to use pitchforks (of fusion kind).
"Wealth is the relentless enemy of understanding" - John Kenneth Galbraith.
(Score: 4, Informative) by JoeMerchant on Sunday January 21 2018, @12:10AM (1 child)
The top 10% of Americans have been getting continuous and increasing pay raises for the last 30 years, and who do you think is in control of this situation, anyway?
They used to teach about the French Revolution in high school, but I think the top 10% haven't been really getting the lesson.
🌻🌻 [google.com]
(Score: 2) by legont on Sunday January 21 2018, @04:52AM
The first 35 or so years after the WWII were reasonable at least in the so called developed world so yes, they learned some; and then they forgot. A new lesson is due.
"Wealth is the relentless enemy of understanding" - John Kenneth Galbraith.