Economic inequality has burgeoned as income from capital has risen faster than growth. Time to change the owners of capital.
An OECD proposal to reduce transnational tax evasion contains flaws which developing countries must challenge before it is set in stone.
The focus of the European Union on fiscal consolidation has left European societies out of kilter and undermined the union’s legitimacy. A Social Imbalances Procedure could begin to put that right.
Raising wage floors is one way to reduce inequality and stimulate recovery in Europe. A big uplift in the Spanish minimum wage this year provides a test bed.
Winning the battle against the populists means foregrounding and addressing social inequalities, not presuming political liberalism monopolises the alternative.
Digital dystopias are overdone but inequality is rising. The answer lies in treating data as a commons and Big Data as a collective-action problem.
Universal Basic Income without quality public services is a neoliberal paradise.
Social democracy in Europe is struggling to come to terms with the more complex equality agenda of today—to which its Antipodean counterparts are however offering some answers.
Soaring income inequality inevitably raises discussion of more progressive taxation. But a more fundamental focus on the ownership of capital is needed.
The wage share has been falling across the world as inequality has increased in recent decades. A co-ordinated rise is needed, starting in Europe, to reverse that.
Inequality is the biggest challenge of our time. It undermines social confidence and reduces support for democratic institutions. It lurks behind the new toxic relationship that western societies have established with their future and explains much of recent resentment-driven electoral phenomena and the surge of identity politics with its disruptive backlash. As for the economic […]
It is hard to believe that it is any coincidence that by far the most economically unequal large country in the European Union, the UK, was the one that narrowly voted to leave it in 2016. The UK has severe social problems due to severe economic inequality. These include an inability to see unfairness as […]