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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: 1, Interesting) by Anonymous Coward on Saturday January 20 2018, @11:37PM (3 children)
Econ is a dead science. The way you know that is that all the ivy lead econ professors were all slathering get out of jail free cards all over AIG and their coconspirators during the 2008 financial collapse. Economists don't say things that are inconvenient to their customers. Ergo, they are not scientists.
There are a lot of big numbers that need to be talked about. Nobody at this event will be talking about them. We all have spread sheets now. Macro econ is not that hard. What is hard, is collecting useful data to process into macro econ theory. And the way you know that everybody at this event is full of shit, is that nobody is out there collecting all the data that is required to combine econ and ecological theory into a unified science.
So if you want to contribute I recommend you go to Zurich, sneak onto the airport, and parking boot all the private jets. Leave the bastards there to drink vodka and fuck swiss hookers, and let the rest of us get on with our lives. We deserve a day without having to be subjected to one more bullshit theory that has utterly no basis in mathematics or reason.
(Score: 0) by Anonymous Coward on Saturday January 20 2018, @11:50PM
Ignore them at your peril. Whatever these assholes [wikipedia.org] decide, we should do the exact opposite.
(Score: 3, Insightful) by c0lo on Sunday January 21 2018, @03:54AM (1 child)
FTFY
To be a dead science, it needs to be a science first. It's not.
https://www.youtube.com/watch?v=aoFiw2jMy-0 https://soylentnews.org/~MichaelDavidCrawford
(Score: 0) by Anonymous Coward on Sunday January 21 2018, @11:53AM
To be a dead science, [Economics] needs to be a science first
What? Something scribbled on a bar napkin and based on zero data [google.com] isn't Science??
Surely you jest.
-- OriginalOwner_ [soylentnews.org]