Stories
Slash Boxes
Comments

SoylentNews is people

SoylentNews is powered by your submissions, so send in your scoop. Only 18 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This discussion has been archived.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: 2) by JoeMerchant on Sunday January 21 2018, @12:07AM (2 children)

    by JoeMerchant (3937) on Sunday January 21 2018, @12:07AM (#625413)

    Fight corruption -- yes, but harsher. Execute both the giver and the taker of money.

    Oh, that's going to go over really well - what legislator on the planet do you think will vote to execute themselves? What lobbyist will back a legislator who is voting to have them executed?

    --
    🌻🌻 [google.com]
    Starting Score:    1  point
    Karma-Bonus Modifier   +1  
    Total Score:   2  

  • (Score: 2, Insightful) by tftp on Sunday January 21 2018, @12:29AM (1 child)

    by tftp (806) on Sunday January 21 2018, @12:29AM (#625427) Homepage
    In the system that you describe corruption is self-sustaining and cannot be stopped by legal internal means. Is the reality that bad? If yes, then there is no reason for this discussion.

    • (Score: 3, Insightful) by JoeMerchant on Sunday January 21 2018, @12:41AM

      by JoeMerchant (3937) on Sunday January 21 2018, @12:41AM (#625440)

      Is the reality that bad?

      On the surface, no. The more you dig, the more you find: politicians selling out the public for millions while lining their pockets with hundreds. It's amazing how cheaply they and their morals can be bought.

      One tiny little example: back when Martha Stewart was being hung out to dry for insider trading, national level US congressmen's wives would make little $2000 or $4000 investments based on insider tips that their husbands brought home from work. Martha Stewart went to jail. Callista Gingrich, not so much.

      --
      🌻🌻 [google.com]