Power Garry Jacobs Chief Executive Officer World Academy of Art amp Science World University Consortium Strategies for the Redistribution of Economic Power Higher minimum wage nationally amp internationally ID: 524107
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Strategies for the Redistribution of Power
Garry Jacobs, Chief Executive OfficerWorld Academy of Art & ScienceWorld University ConsortiumSlide2
Strategies for the Redistribution of Economic Power
Higher minimum wage – nationally & internationallyTax on speculative
short-term investmentsLower interest ratesAbolish tax havens Anti-monopoly enforcement against international M&AsLimit
duration of protection under patent
and copyright laws
Curb WTO pressure for elimination of tariff barriersUniform wealth tax within and between countriesReduce or abolish payroll taxGuarantee the right to employmentProgressive taxation of income and capital gainsLower depreciation allowance to reduce bias for capital investmentEliminate energy subsidies to reduce bias for energy-intense technologiesBasic income programsEstablish a world currency and world central bank backed by global societyCreate more money to fully utilize global social potential & protect the environment
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Other Strategies for Redistribution
of PowerTax resource consumption Increase public investment in education
Limit concentration of power on the Internet & WWWAffordable, accessible, quality of education for all globallyLimit political donations and/or public funding of electionsLimit musical chairs between government office & lobbying firms
Eliminate gerrymandering
Abolish nuclear weapons
Abolish veto in UNSCStrengthen global governance & rule of law to replace force3Slide4
Intellectual Strategies to Redistribute Power
Debunk neoclassical interpretations in economic theory Make explicit the implicit biases in prevailing economic and political theoryEvolve a value-based, human-centered theory of society and social development
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