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Better Lives for All w/ Jason Hickel

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Transforming Economies to End Deprivation

Research emphasizes that global poverty and deprivation are not only widespread but also unnecessary, with over 80% of the population lacking basic living standards. Immediate solutions exist that require transforming economies rather than aligning with slow, traditional development strategies. Current capitalist systems prioritize profit, leading to overproduction of luxuries and underproduction of essential services like affordable housing and public transit, resulting in inefficiency and inability to meet basic needs. A shift in economic focus is vital to address these challenges while also reducing resource consumption to achieve ecological goals.

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