Switzerland Archives – Center for the Advancement of the Steady State Economy

The Economic Priority of the Seven Wealthiest Countries: More Wealth

November 14, 2024/5 Comments/in Alix Underwood, Consumption, Economic Growth, Economic Policy, GDP, Governance, Inequality, Politics, Steady State Economy, Steady State Herald, Wealth /by Alix Underwood

by Alix Underwood

Almost half of humanity lives below $6.85 per day. This population does not consume goods and services at a rate exceeding Earth’s capacity. Yet here we sit, on the wrong side of six of the nine planetary boundaries identified by the Stockholm Resilience Centre.

How did we get here? Via the economic activity of the other half of humanity. The planet, and all its inhabitants,

Introducing the Salary Cap Act

March 7, 2024/12 Comments/in Daniel Wortel-London, Economic Policy, Environment, Inequality, Steady State Economy, Steady State Herald, Wealth /by Gary Gardner

by Daniel Wortel-London

The daily news regularly features commentary about the outrageous and growing income inequality in the USA. The data support the outrage:

In 1965, the CEO-to-worker salary ratio at the average U.S. company was 21-to-1. Today that ratio is 344-to-1.
In 2022, CEO pay at 100 S&P 500 companies averaged $15.3 million, while median worker pay averaged only $31, 672, according to an Institute of Policy Studies analysis.

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