Gulf between rich and poor increases risk of climate breakdown as well as entrenches poverty, says letter to UN and World Bank

The letter says: “We know that high inequality undermines all our social and environmental goals. It corrodes our politics, destroys trust, hamstrings our collective economic prosperity and weakens multilateralism. We also know that without a sharp reduction in inequality, the twin goals of ending poverty and preventing climate breakdown will be in clear conflict.”

  • livus
    6•1 year ago

    Well, Thomas Piketty is one of the signatories, so…

    The thing is though that there has been a massive shift in the last decade from the old “Establishment” having power, to the phenomenon of Disaster Capitalism.

    Disaster capitalists thrive on things like mass unrest. They will do everything in their power to continue down this track. And right now they have the upper hand.

    • enkers
      4•1 year ago

      Yeah, I’m not an accelerationist, but it seems to me like there’s no way out. We’ve squeezed our way into a very tight spot where we can’t back up but going forward would have a huge cost in human life.

      • livus
        4•1 year ago

        I guess instead of going backwards we need to swerve to the side somehow.