The authors explain how inequality leads to a fracturing of communities, increases loneliness and leaves people with less time to care for friends, relatives and the disabled. A society where your status is judged by how much you earn causes higher levels of stress and anxiety, they have found. And they argue that only by capping executive pay, giving workers a greater say in running companies and beefing up trade unions can tackle the problem.
Related Articles
Steve Keen – From Central Bankers to MMT
This installment covers my views on MMT (Modern Monetary Theory), QE (Quantitative Easing), and the need for a Modern Debt Jubilee. Part 1 is here.
Euro Intelligence – On the next German chancellor
January 16, 2021
Mathew D. Rose
Austerity, Climate Crisis, Economics, EU-Institutions, Finance, National Politics, Neo-Liberalism in the EU, Sustainability
0
The Eurointelligence team discusses Armin Laschet’s victory and a variety of confusing political crises. Listen here
Be the first to comment