Closing The Gap
Solutions
We believe combating wealth inequality requires a comprehensive approach—uniting corporations, governments, and most importantly - WE THE PEOPLE -to create meaningful changes.
Businesses
It is not great wealth in a few individuals that proves a country is prosperous, but great general wealth evenly distributed among the people
- Victoria Woodhull
Governments
Enhance Progressive Taxation for Fairer Wealth Distribution
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Adopting a more progressive tax system will ensure the elites contribute their fair share, reduce income disparity and provide the funding for essential public services, ultimately enhancing social mobility and economic prosperity.
Reforming the Transfer of Wealth
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Improving wealth transfer policies through fair distribution (e.g. universal minimum inheritance) rather than concentration, can create more economic equity and fairness in society.
Improving Education Quality and Affordability
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Enhance the quality of education and provide avenues such as free access to higher education will provide all individuals to pursue opportunities regardless of background, creating a more inclusive and accessible education system.
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Policies Towards a Fairer and Equitable Society
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We the people
Ethical Consumerism
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We can choose to buy from businesses that pay fair wages, offer good working conditions, and invest in their employees. This creates market incentives for companies to improve labor practices.
Advocate for Policy Change
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We should advocate for fairer policy changes - such as such as fair taxation, improved labor protections, and corporate accountability
— necessary factors to address structural wealth inequality.
Support Local Ethical Businesses
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Investing in small businesses and cooperatives helps circulate wealth within communities, reducing economic disparities and promoting fair wages.
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Promote Awareness and Encourage Change
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Ethical Corporate Practices: CSR & Governance
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Expanding Employee ownership to Bridge Wealth gaps
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Strengthening employee ownership will assist marginalised communities in building wealth, improve job performance, and create a more inclusive environment for regarding race and gender.
Priortise Ethical Long-term Gains and Stakeholder Interests
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Focusing on short-term gains creates inequality. Businesses should priories fair wages, inclusivity, and long-term investments alongside including all employee’s interests in decision-making, governance and performance metrics.
Build Partnerships and Empower Communities
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Partner with grassroots and policy organisations can empower communities, promotes inclusive fair growth, and ensuring accountability in wealth inequality.