Extreme inequality traps people in poverty and must be stopped. Even the World Bank agrees that eliminating poverty will be impossible unless we simultaneously act to close the gap between rich and poor, writes Nick Galasso for Oxfam International.
Since the financial crash of 2008, followers of mainstream economic dogma haven't changed their tune much. But an ever-growing legion of dissenting economists are challenging these cherished myths, as summarised by the New Internationalist in a classic edition of the magazine from December 2015.
A real circular economy would expand the definition of the circular economy to one where its operating system is regenerative not only towards nature, but also people; meaning wealth is equitably circulated and shared. A new report by Sharon Ede explains how relocalising production with not-for-profit business models helps build resilient and prosperous societies.
We need to disavow ourselves of our misplaced trust in robotisation, and instead focus our energies on creating a truly fair and sustainable economy. The leisure society will only be achieved if we learn to live more locally within our planetary means - for there is enough stuff to go around already, if only we shared it out better, argues Rupert Read.
A new paper makes the case that a global billionaire tax is ethical, good for growth, and could solve a lot of the world’s problems - and what’s more, it’s politically viable, explains Josh Hoxie.