Memia

Memia

Redistributive sovereign cryptocurrency - an alternative to a "wealth tax"?

Can wealth redistribution be designed into money to reduce economic inequality?

Ben Reid's avatar
Ben Reid
Jan 12, 2020
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Photo by Stanislaw Zarychta on Unsplash

Summary

Economic inequality is increasing around the world, with no signs of changing direction. Economist Thomas Piketty asserts that inequality is a fundamental “feature” of capitalism which requires state intervention to address - stoking heated political debates on introducing new “wealth taxes” around the world…

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