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99 to 1 by Chuck Collins

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9 Reversing the InequalityDeath Spiral

The form of law which I propose would be as follows: In a state which is desirous of being saved from the greatest of all plagues—not faction, but rather distraction—there should exist among the citizens neither extreme poverty nor, again, excessive wealth, for both are productive of great evil… . Now the legislator should determine what is to be the limit of poverty or of wealth.—Plato (c. 424–348 BCE)

How can we reverse the inequality death spiral that is wrecking the world? What must we do? What actions and policies will make the biggest difference?

A century ago, people reversed the excessive inequalities of the first Gilded Age. People learned the truth about the economy, got organized, built powerful ...

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