Inequality-and-the-super-rich-the-status-quo-is-unsustainable
16 Questions
4 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

At what point does Ingrid Robeyns suggest taxation should intervene in personal income and assets of the super-rich?

  • €5m
  • €15m
  • €10m (correct)
  • €1m

    • What is the main reason for the decrease in political talk about wealth taxes, according to the text?

  • Rising support for the super-rich in recent times
  • Benefit of free capital movement and rising asset values for the wealthy (correct)
  • Reluctance of political parties to address wealth taxes
  • Decrease in public interest in wealth taxes

    • Which term best describes Ingrid Robeyns' view on her €10m figure?

  • Achievable
  • Pessimistic
  • Unrealistic (correct)
  • Controversial

    • What is the Labour party's stance on 'mansion' taxes, capital gains tax, and higher top rates of income tax, as mentioned in the text?

    <p>Refuses to contemplate any tax increases</p> Signup and view all the answers

    What has been the effect of the wealthy getting steadily richer in recent times?

    <p>Diminished political talk about wealth taxes</p> Signup and view all the answers

    Which economist's influential work is mentioned as analyzing the asset wealth boom across Europe?

    <p>Thomas Piketty</p> Signup and view all the answers

    What did Plato prescribe in the 4th century BC in the interests of political stability?

    <p>Richer citizens should have no more than four times the property of the poorest</p> Signup and view all the answers

    What has grown three times as fast since 2020, according to a report by Oxfam?

    <p>Billionaires' wealth</p> Signup and view all the answers

    Who is advocating for a European wealth tax to help finance the green transition?

    <p>Two social democrat MEPs</p> Signup and view all the answers

    What is endangering the health of democracies, according to the text?

    <p>Undertaxed private wealth and public austerity</p> Signup and view all the answers

    What is the main challenge for cash-strapped governments and the European Union?

    <p>Dealing with colossal challenges relating to the green transition and reviving moribund economies</p> Signup and view all the answers

    Who is successfully piggy-backing on eroding faith in politics to prosecute its own authoritarian agenda?

    <p>The far right</p> Signup and view all the answers

    Who wrote about the age’s normalisation of an 'absurd affluence'?

    <p>'The Labour MP and former Treasury minister Liam Byrne'</p> Signup and view all the answers

    What would a million signatures on a citizens' petition mean for the European Commission?

    <p>They would have to listen</p> Signup and view all the answers

    What is past time for social democratic parties to do, according to the text?

    <p>'Show less deference towards the interests of the very wealthy in ever more unequal societies'</p> Signup and view all the answers

    According to a report published by Oxfam, what did they find regarding wages and billionaires' wealth?

    <p>Wages of more than 800 million workers have failed to keep pace with inflation, while the wealth of billionaires has grown three times as fast since 2020</p> Signup and view all the answers

    Use Quizgecko on...
    Browser
    Open
    Browser
    Browser