Pitchfork Economics with Nick Hanauer
Exploring global solutions to inequality (with Faiza Shaheen)
May 31, 2022
Dr. Faiza Shaheen discusses successful global strategies to reduce inequality including solidarity taxes in countries like Germany and Japan. She highlights the challenges faced by high-income nations and proposes bold policy ideas for green investment and child care. The conversation digs into historical elitism and colonial legacies, emphasizing the importance of grassroots movements and political will for progressive change.
31:02
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Quick takeaways
- Countries like Peru and Botswana have successfully reduced economic inequality by implementing policies that promote solidarity and material changes.
- Addressing inequality requires strategies such as green investments, universal childcare, and rebuilding trust in government through transparency measures.
Deep dives
Global Trends in Economic Inequality
Around the world, economic inequality trends vary widely. While countries like the US have experienced increasing inequality over the past few decades, approximately a third of countries globally have witnessed a decline in economic inequality. Some nations, including Peru, Bolivia, Botswana, and Sierra Leone, actively implemented policies to combat inequality, emphasizing the role of policy in both creating and reversing inequality.
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