The report by the World Inequality Lab (WIL) aims to be the most comprehensive attempt yet to navigate the polycrisis that is pushing the world toward climate breakdown, political extremism and ever greater economic and social tension.
It offers a set of bold policy proposals, including hefty wealth taxes on billionaires, sharp reductions in working hours, a change in diets and a shift of investment from materially intense sectors, such as industry and mining, to education and health.
If these and other measures are taken, the report says, the incomes of 89% of the world’s population would double by 2100 and global heating would be kept below 2C above the preindustrial average.
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