economy
A good life for the 99% isn’t a pipe dream: it can be done. Here’s how
Our plan is radical – but by transforming how we live on a finite planet, nearly everyone gains
TL;DR
- A future with high wellbeing, doubled incomes, and halved working hours is achievable on a sustainable planet.
- Key conditions for this transition include fast decarbonization, a shift towards sufficiency, and drastic reduction of inequality.
- The Global Justice Report quantifies a plan integrating redistribution, financial reform, energy transition, and consumption shifts.
- By 2100, average per capita income would converge globally, working hours would halve, and global heating would be limited to 1.8C.
- Inequality would significantly decrease, with the poorest half gaining substantial wealth share and the billionaire class's share shrinking.
- Financing involves a global justice fund, a world sovereign fund, a global wealth tax, and a global income tax.
- The plan aims for a gain for almost everyone, redistributes power in global institutions, and addresses trade imbalances.
- This vision is materially possible, supported by historical precedents, but requires political choice and coalition-building.