Category: inequality

Has capitalism become obscene ?

September 20, 2018 0

Wealth and income distribution have become grotesque in our Western nations. Collusion between political and economic powers has now become obvious, and it is of public notoriety that employment is nothing more than an adjustable variable in today’s capitalism. The tacit and consensual agreement on which our prosperity has been built thus far is crumbling…

By Michel Santi

Embracing globalisation, and curbing it

November 24, 2017 0

The populist alternative is not the right one when it comes to calming the distressed middle classes of the West. In terms of responses and solutions, it would be much more gracious to restore their income and purchasing power. In fact, our middle classes have only benefited from the very fringes of globalisation, whereas it’s…

By Michel Santi

Hurricane Irma: welcome to a world of inequality

September 12, 2017 0

The ravages of hurricane Irma are huge and barely imaginable, as islands like Antigua and Barbuda have been destroyed by more than 90%. Nowadays, alas, inequalities can take on multiple forms. Like poor allocation of resources, constantly depreciating income from work, precarious employment, the dismantling of the State leaving the poor with no protection, and…

By Michel Santi