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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) by tftp on Sunday January 21 2018, @02:18AM (1 child)
I believe that with this creeping system of income and expenses it is much harder to understand what's going on. Instead of a clear sum twice a year you are dealing with deductions that are hard to measure. This will lead to the situation when services will be just charging what they want.
(Score: 2) by JoeMerchant on Sunday January 21 2018, @03:57AM
Well, the system we have works well enough for me, and presumably for you, so any change is likely going to be more confusing than helpful, at least at first. However, GP's suggestion of "giving every person on the planet $5M tomorrow" has a well known flaw that would clearly be addressed by instead giving every person on the planet 1584 μD/s for the next 100 years.
I do think that shifting everything to a common time scale, and having that time scale be as small as possible, would make the relationships more intuitive, not less, after getting used to the initial change. With income expressed per year, paid bi-weekly, and various bills coming at all different intervals, it's much harder to get a grasp of how the various services relate. At present, my internet service is increasing from $55 per month to $65 per month, and it pisses me off because that's inflating much faster than everything else in my life - while the service provided is not improving at all. If that internet service bill were on the same time-scale as all the other regularly recurring credits and debits in the account, it would seem to be easier to compare with them, not harder.
Україна досі не є частиною Росії Слава Україні🌻 https://news.stanford.edu/2023/02/17/will-russia-ukraine-war-end