Following our conversation with Olivier De Schutter on A Roadmap to End Poverty Beyond Growth, this episode concludes our two-part series exploring bold roadmaps for a just and sustainable future.
Too often, climate breakdown and economic inequality are treated as separate crises. But what if they're two sides of the same problem, and one cannot be solved without confronting the other?
In this episode of EQUALS, Nafkote Dabi and Max Lawson speak with Anmol Somanchi, Moritz Odersky, and Cornelia Mohren from the World Inequality Lab about the Global Justice Report, an ambitious blueprint for building an economy that delivers shared prosperity while keeping global warming within planetary boundaries.
We explore the report's most radical proposals, including a Global Justice Fund financed through progressive global wealth and income taxes, with wealth tax rates of up to 20% for billionaires and top income tax rates of up to 90% for the world's highest earners. The authors argue that these measures could dramatically reduce extreme concentrations of wealth, progressively bringing an end to the billionaire class while financing investments in clean energy, healthcare, education, and sustainable development around the world.
The conversation also wrestles with the inevitable criticisms. Is such a transformation politically possible? Can societies move beyond an economic model built on endless growth? And how do we build public support for climate action that improves people's lives rather than asking them to bear the costs of a crisis they did little to create?
Guests
Anmol Somanchi is an Indian economist, researcher, and PhD candidate at the Paris School of Economics. He is the Global Justice Coordinator at the World Inequality Lab.
Moritz Odersky is an economist and research fellow at the World Inequality Lab.
Cornelia Mohren is an economist, Environmental Coordinator at the World Inequality Lab, and a PhD candidate in Economics at Sciences Po Paris.
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