Liberal democracies are today confronted with a wave of popular distrust in their ability to serve the majority of their citizens and solve the multiple crises that threaten our future. This threatens to lead us into a world of dangerous populist policies exploiting the anger without addressing the real risks, ranging from climate change to unbearable inequalities, or major global conflicts. To avert major damages to humanity and the planet, we must urgently get to the root causes of people’s resentment.
In a shift away from European Central Bank orthodoxy, a senior bank executive has argued that even though the ECB’s monetary policy led to a decrease in labour income inequality, its asset purchase programs would lead to wealth inequality.
The crisis may have opened a window of opportunity, but positive change cannot be taken for granted. To truly recover in the years ahead, Europe will need a new socio-ecological contract bringing together questions of inequality, climate and the digital economy.
While the Europe 2020 strategy actively promotes entrepreneurial self-employment as a means to create good jobs, policy makers at national and EU level are actively looking at better social protection for self-employed workers. Understanding this paradox requires looking beyond the ‘self-employed’ label and acknowledging it as an umbrella term covering a widely differing group of workers.
Reducing income inequality would boost economic growth, according to new OECD analysis. This work finds that countries where income inequality is decreasing grow faster than those with rising inequality.
It will take a better statistician than I to draw any strong conclusions from this, but it looks to me like wealth equality correlates with significant economic growth over the long term, and with slow growth in the short term.
This website, launched in April 2014 to coincide with the book Mobilizing against Inequality, creates a new online conversation about how unions and organizations have engaged in mobilizing and empowering the immigrant workforce.
Los de arriba pretenden que nos creamos que es normal que el 1% de la población posea el 43% de la riqueza mundial. Que asumamos que otro mundo no es posible. (por Olga Rodríguez)
Trotz der Erleichterung, dass ein Bankrott Griechenlands vermieden worden ist, wächst an den Finanzmärkten die Kritik an der Realitätsferne der Rettungspläne.