Lesson 13 - Inequalities Flashcards
1
Q
Global wealth inequality
A
62 richest = 3.6b poorest
$1.76tr
2
Q
Inequality consequences
A
Education access
Diets + health
Occupation + income access
3
Q
Capitalism
A
Private ownership
Majority work for a wage
Markets mediate between prod + cons
4
Q
Economic Democracy
A
Proposed alternative
Inequality reduction
5
Q
Economic Democracy measures
A
Workers ‘control’ enterprise
Shared levies on corporate profits
Surplus shared equally after tax
