Report: Reversing Inequality

What will it take to reverse inequality? The Next Systems Project and the Institute for Policy Studies launched a new report outlining a full menu of “interventions” to reduce income and wealth inequality and address some of the systemic drivers of inequality.  Read the report here. http://www.ips-dc.org/report-reversing-inequality/.

Whilst the report is focused on the United States it has some insights to understand and respond to inequality. Specifically, this paper describes a full menu of “interventions” to reduce income and wealth inequality and address some of the systemic drivers of inequality. They fall into four categories, including policies that:

  • Lift the Floor, establishing minimal standard of living and safety nets
  • Level the Playing Field, by ensuring investments in public goods and elimination of the distorting influences of power and privilege
  • Deconcentrate Wealth, through interventions that directly reduce the concentration of wealth and power
  • Rewire the System, to undercut inequality drivers

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