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Strategies for the Redistribution of Strategies for the Redistribution of

Strategies for the Redistribution of - PowerPoint Presentation

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Strategies for the Redistribution of - PPT Presentation

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

power amp global strategies amp power strategies global redistribution tax economic energy political abolish income capital public bias reduce

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Slide1

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

2Slide3

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

4