Excellent piece on Global Dashboard calling 'for a little more action' on inequality across the world. Ben Philips from Action Aid International comments how inequality is now commonly described as one of the most pressing problems facing the world even by global market institutions, many politicians and members of the 1%. But vanishingly little is being done about it: because action is too hard, too complicated, or not tenable, but mainly because it's not really in the interests of our leaders. He sets out five practical measures that we should call for right across the world, and calls for civil society to press these demands on our leaders. His five proposals are:
- Institute a wealth tax.
- Recognise, redistribute and reduce women’s unpaid care burden.
- Increase corporate democracy — implement structural shifts towards employee control of companies.
- Institute a maximum wage that is proportional to the wage paid to the most junior workers in a company.
- Limit private finance for political parties and political campaigns.
My Fair London would sign up to all these, and they are all eminently possible.
Our 'five steps for a fairer city' manifesto for the next Mayor of London calls for the new Mayor to institute wage ratios, and to look at wealth and property taxes as part of a programme to tackle London's housing crisis. Action on party finance, gender pay equality and unpaid work, and corporate governance and democracy would all benefit Londoners too. Let's hope that tomorrow we elect a new Mayor who will take action to make London a fairer city.
The link to the global dashboard piece is below, and it ends with a great video of Elvis Presley's song.