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To Tax the Rich or to Cap Wealth, That is the Question

Ever since the days of Margaret Thatcher and Ronald Reagan, the predominant mantra repeated all over the world has been that tax cuts for the rich are the best way to stimulate the economy. But during the past year, this trend has changed. For the first time in decades, progressive voices are calling for increased taxation of the rich. From veteran labour journalist Sam Pizzigati to US politicians Alexandra Ocasio-Cortez to Bernie Sanders, concrete proposals are being put forward to spread the wealth of the rich. In the latest meeting in Davos, a contribution by Dutch historian Rutger Bregman went viral when he suggested that CEOs shelve their “stupid philanthropy schemes” and start talking about taxing the rich. As he so eloquently put it, “all the rest is bullshit.”

The dirty secret of capitalism — and a new way forward | Nick Hanauer

Rising inequality and growing political instability are the direct result of decades of bad economic theory, says entrepreneur Nick Hanauer. In a visionary talk, he dismantles the mantra that “greed is good” — an idea he describes as not only morally corrosive, but also scientifically wrong — and lays out a new theory of economics powered by reciprocity and cooperation.

This is what inequality looks like | Johnny Miller

ohnny Miller, Photographer Johnny Miller is a photographer and filmmaker specializing in documentaries. He is based in Cape Town, and has extensive networks on contemporary African and world issues. His focus is on the urban, cultural, and social issues facing humanity in a fast-changing world. He has recently received worldwide acclaim for his project “Unequal Scenes”, an exploration of inequality in South Africa via drone photography. Johnny speaks three languages, loves to rock climb, and has a lovely dog named Lion This talk was given at a TEDx event using the TED conference format but independently organized by a local community.