very high #tax rates.
This is not just about #redistribution within nations. #Piketty stresses the need for new class solidarities that cut across borders. Convincing working and middle classes in rich countries that the #elite will finally be held accountable can also help support people in the #GlobalSouth who are already suffering the worst #climate damages.
The gap between rich and poor #CarbonFootprints is now wider than at any time since the nineteenth century.
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Without change he warns we risk both a political backlash and an environmental catastrophe. Tackling #CarbonInequality is not optional. It is central to any hope of a fair and effective #ClimateResponse.
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