Top economists call for action on runaway global inequality
Top economists call for action on runaway global inequality
https://www.theguardian.com/inequality/2023/jul/17/top-economists-call-for-action-global-inequality-rich-poor-poverty-climate-breakdown-un-world-bank
Gulf between rich and poor increases risk of climate breakdown as well as entrenches poverty, says letter to UN and World Bank
The letter says: “We know that high inequality undermines all our social and environmental goals. It corrodes our politics, destroys trust, hamstrings our collective economic prosperity and weakens multilateralism. We also know that without a sharp reduction in inequality, the twin goals of ending poverty and preventing climate breakdown will be in clear conflict.”