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Against inequality : the practical and ethical case for abolishing the superrich / Tom Malleson

By: Resource type: Ressourcentyp: Buch (Online)Book (Online)Language: English Publisher: New York : Oxford University Press, [2023]Description: 1 Online-Ressource (1 online resource)ISBN:
  • 9780197670439
  • 0197670431
Subject(s): Additional physical formats: 9780197670415. | 0197670415 | 0197670393 | 9780197670408. | 9780197670392. | 9780197670408 | Erscheint auch als: Against inequality. Druck-Ausgabe New York : Oxford University Press, [2023]DDC classification:
  • 339.2
LOC classification:
  • HC79.I5
Online resources: Summary: Introduction -- Is it Feasible to Reduce Inequality? Income Tax and Market Regulations -- Is it Feasible to Reduce Inequality? Wealth Taxes and Tax Havens -- Should We Aim for High Taxes and Low Inequality? Weighing Costs and Benefits -- Do Rich People Deserve Their Income? -- Do the Skilled and Hard Working Deserve More Than Others? -- Does Voluntary Exchange of Private Property Justify Inequality? -- How Much Inequality is Acceptable? The Case for Maximum Limits on Income and Wealth -- Conclusion.Summary: "Elon Musk, the CEO of Tesla and the richest person in the world, currently possesses $270 billion dollars. An average American worker would have to work for seven-and-a-half million years to earn this much. To put the matter the other way round, the total amount of money that a typical American will earn in their whole life - after, say, forty years of work - is the same as would be earned by Musk in just fourteen minutes. During the first six months of the COVID-19 pandemic, 250,000 Americans died and 20 million lost their jobs in the worst economic crisis since the Great Depression, yet the country's 614 billionaires saw their wealth actually increase by a third, from $2.95 trillion to almostPPN: PPN: 1882634063Package identifier: Produktsigel: ZDB-4-NLEBK | BSZ-4-NLEBK-KAUB
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