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Oakie McDoakie's avatar

Wealth inequality is such a huge problem. If it were just the case that the super wealthy could afford huge yachts, that would be one thing. We could just tax their wealth and purchases to pay for green tech and policies that would get us closer to net zero. It's that their wealth is power that keeps us from ever getting there!

Cass Hebron's avatar

Agreed - the existence of extreme wealth is creating a politics that is owned by the richest 1% who capture country's economies. We need to tax the super-rich and eventually move to a system that doesn't allow this grotesque accumulation of wealth and lack of transparency!

Jo Waller's avatar

Yes the 1% aren't just rich cos we consume their porducts. They're rich cos they avoid taxes and regulation that affect their profits. Meaning the consumer and tax payer ends up paying for the damage the cartels produced.

We're also prevented from accessing alternative products, or gaining the advantage that renewable electricity is cheaper than gas on which the price is fixed.