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

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.


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  • (Score: 2, Insightful) by tftp on Saturday January 20 2018, @10:55PM (11 children)

    by tftp (806) on Saturday January 20 2018, @10:55PM (#625376) Homepage
    • Provide free and high quality education -- yes, but only to those who wants to receive it.
    • Raise the minimum wage -- no, remove the minimum wage altogether
    • Raise taxes on the rich -- careful with that, if you want to get rid of rich you may get all people poor
    • Fight corruption -- yes, but harsher. Execute both the giver and the taker of money.
    • Provide more social protection for the poor -- no, unless you are ready for universal basic income. Otherwise they must be motivated to work (see the last item)
    • Stop the influence of the rich on politicians -- yes, but how? The wisest decision would be to get rid of the politicians. Not sure what they are good for. We already have laws for every occurrence.
    • Provide jobs for the unemployed -- yes, see cancellation of minumum wage
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  • (Score: 2, Insightful) by Anonymous Coward on Saturday January 20 2018, @11:13PM (7 children)

    by Anonymous Coward on Saturday January 20 2018, @11:13PM (#625387)

    Great list to be sure:

    • Provide free and high quality education - we don't need gender studies graduates
    • Raise the minimum wage - we don't need inflation
    • Raise taxes on the rich - until we run out of their money?
    • Fight corruption - and socialism
    • Provide more social protection for the poor - no, provide them with work
    • Stop the influence of the rich on politicians - no, reduce the influence of the feckless
    • Provide jobs for the unemployed - step 1 is to stop mass immigration of unskilled labor
    • (Score: 4, Insightful) by Whoever on Sunday January 21 2018, @12:33AM (6 children)

      by Whoever (4524) on Sunday January 21 2018, @12:33AM (#625430) Journal

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

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

      Increased wealth disparity has historically been associated with lower growth.

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

      • (Score: 4, Informative) by Azuma Hazuki on Sunday January 21 2018, @02:57AM (2 children)

        by Azuma Hazuki (5086) on Sunday January 21 2018, @02:57AM (#625492) Journal

        He (this HAS to be a he!) doesn't see that as a problem. He, and people who think like him, want the poor gone. The poor are an eyesore marring the view to people like him. Please disabuse yourself of the notion that you are dealing with a decent human being here; you are not. Unthinkable as it may seem, there are people, a lot of people as I'm finding out, who take a "life unworthy of life" approach to the poor, disabled, and otherwise helpless.

        --
        I am "that girl" your mother warned you about...
        • (Score: 1, Interesting) by Anonymous Coward on Sunday January 21 2018, @09:30AM (1 child)

          by Anonymous Coward on Sunday January 21 2018, @09:30AM (#625583)

          I'm sure you are right. This is why granting women the right to vote was a huge mistake. They fail to cull the weak and fight the other tribes; they have instead an instinct to demand sharing and to sleep with the enemy. In the long term, this does not support the continuation of modern civilization.

          In the long term, women will effectively vote themselves back into being mere chattel. This is what you get when you breed for poverty and welcome invaders who are culturally stuck in the year 700.

          • (Score: 0) by Anonymous Coward on Monday January 22 2018, @10:41PM

            by Anonymous Coward on Monday January 22 2018, @10:41PM (#626295)

            I want to believe that is satire, but the way you write just seems genuine. Dear lord save us from these troglodytes!

      • (Score: 0) by Anonymous Coward on Sunday January 21 2018, @08:41AM

        by Anonymous Coward on Sunday January 21 2018, @08:41AM (#625566)

        Increased wealth disparity has historically been associated with lower growth.

        See also: violent revolution

      • (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!

  • (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?

    --
    Україна досі не є частиною Росії Слава Україні🌻 https://news.stanford.edu/2023/02/17/will-russia-ukraine-war-end
    • (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.

        --
        Україна досі не є частиною Росії Слава Україні🌻 https://news.stanford.edu/2023/02/17/will-russia-ukraine-war-end