Prachi Srivastava on Nostr: As usual npub17uf9k…ljjz8 is spot on. Increasing public resources via corporate, ...
As usual npub17uf9kre9pfe4gtjngpprnxpehntpsudn8q3wcekyguzqczf0hv4q8ljjz8 (npub17uf…jjz8) is spot on.
Increasing public resources via corporate, HNWI, and MNCs #Taxes (the latter especially in L/LMICs where resources are extracted or that act as de facto tax havens), is critical.
Resources aren't scarce - they're hoarded in the fewest self-interested hands.
But the macro-economic system must be addressed - i.e., debt relief and restructuring. In #Education, 1/3 of LMICs spent more on debt financing than education.
#Economics
https://www.economist.com/by-invitation/2023/06/13/finding-the-money-to-fix-the-world-requires-a-rethink-on-tax-says-jayati-ghosh
Increasing public resources via corporate, HNWI, and MNCs #Taxes (the latter especially in L/LMICs where resources are extracted or that act as de facto tax havens), is critical.
Resources aren't scarce - they're hoarded in the fewest self-interested hands.
But the macro-economic system must be addressed - i.e., debt relief and restructuring. In #Education, 1/3 of LMICs spent more on debt financing than education.
#Economics
https://www.economist.com/by-invitation/2023/06/13/finding-the-money-to-fix-the-world-requires-a-rethink-on-tax-says-jayati-ghosh