Inequality-and-the-super-rich-the-status-quo-is-unsustainable

Play an AI-generated podcast conversation about this lesson

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?

Refuses to contemplate any tax increases Signup and view all the answers

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

Diminished political talk about wealth taxes Signup and view all the answers

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

Thomas Piketty Signup and view all the answers

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

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

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

Billionaires' wealth Signup and view all the answers

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

Two social democrat MEPs Signup and view all the answers

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

Undertaxed private wealth and public austerity Signup and view all the answers

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

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

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

The far right Signup and view all the answers

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

'The Labour MP and former Treasury minister Liam Byrne' Signup and view all the answers

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

They would have to listen Signup and view all the answers

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

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

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

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 Signup and view all the answers