The distributive concept of the 21st century is not about redistribution, but about sharing the sources of wealth from the start. An interview with Kate Raworth, by Triodos bank.
Innumerable observers have noted that the so-called developed world accounts for a disproportionate share of the world’s resources. Yet even those of us who find global inequality troubling and ultimately indefensible hesitate to raise the subject. Unlike George Orwell, that is, whose support for war-time rationing revealed his motivations towards justice at a global scale, writes Bruce Robbins.
We all support the aspiration to achieve ‘Universal Health Coverage.’ Who could possibly argue against a world in which everybody has access to the high quality health services they need, without incurring financial hardship?The problem is how we can possibly turn such a lofty ambition into reality.
In an analysis (pdf) published Thursday that throws into stark relief the "unjust and unsustainable" nature of what economists have termed the New Gilded Age, the Swiss financial firm UBS found that the wealth of the world's billionaires grew by 17 percent in 2016, bringing their combined fortune to a record $6 trillion -- more than double the gross domestic product of the United Kingdom.