When 1% of the population controls the bulk of the wealth and power, the resulting inequality poisons our entire society. That’s the point Richard Wilkinson makes in chapter 9, in his interview with Brooke Jarvis.
But how do we restructure our economy so that it benefits the 99% instead of just the 1%?
A crucial step is to redesign the money and banking system to shift power from Wall Street to Main Street, David Korten says in chapter 10. He elaborates six key changes to feed resources to the Main Street economy, which meets actual human needs, instead of to the Wall Street economy, which feeds greed and speculation.
Another key is to shift taxes so that the wealthiest pay more. Progressive taxation allows us to invest ...