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Emeritus Prof Christopher May
@ChrisMayLA6@zirk.us  ·  activity timestamp 4 weeks ago

Stewart Lansley (UBristol) argues that much of the feeling many have that the economy is rigged against them comes from the preponderance of 'bad wealth' as opposed to 'good wealth'!

So how to move from the former to the latter?

1) Shift the focus of tax from income to wealth;

2) Reduce intergenerational wealth transfers;

3) Introduce a 'whole wealth' tax;

4) expand public ownership;

5) start Citizens' Wealth Funds;

6) widen access to national assets!

#politics

https://theconversation.com/bad-wealth-made-good-how-to-tackle-britains-twin-faultlines-of-low-growth-and-rising-inequality-269218

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