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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: 2) by JoeMerchant on Sunday January 21 2018, @02:54PM
In theory, that's good. In practice, each law aimed at stopping, or even reducing, the influence of concentrated wealth on politics is like a stone thrown in a river - the money will flow around that law and find other ways to get to where it buys influence. It will take many, many stones and a good bit of earth-packing between them to stop the current river of money buying political influence, and each of them needs to be placed by the system that is currently influenced by that money.
🌻🌻 [google.com]