Creative Ideas to Balance Economic Inequality
Economic inequality, we suspect, may have creeped into more conversations in 2013 than ever before. But people aren’t just talking about how unequal we’ve become. They’re talking about antidotes to the avarice all around us.
We’ve assembled out of those discussions a list that samples 2013′s most promising and provocative inequality-busting ideas, proposals, and campaigns.
Here’s my personal favorite:
Giving our wealthy options: How can we keep the wealth of the wealthy from distorting our politics? Dean Machin, a political philosopher at University College London, suggests we give the wealthy a choice. Under his “simple proposal,” the super rich could either pay a 100 percent tax on the wealth that makes them super rich or lose their political right to lobby, bankroll think tanks and political parties, or control media outlets. Those ultra wealthy who choose money over political clout, proposes Machin, would still get to vote. (Italics mine.)