The accounts belong to Global Justice Project, are found in their most recent reportAnd, far more than predictions, they give us provisions not only to halt, but to reverse the collapse of our humanity.
With an analytical horizon projecting to 2100, the document explains how the world could converge towards an income of 5.000 euros per month per person, while simultaneously shortening the work week to two and a half hours. The calculations reduce industrial activity by approximately 87% and construction by 70%, while the Education and Health sectors are strengthened, with an estimated 43% increase in working hours.
The scenario, accompanied by changing eating habits and consumption patterns, was presented earlier this month in Paris, at World Inequality Conference, and this is achieved, among other measures, through the creation of the so-called Global Justice Fund, financed by taxes on large fortunes.
According to the proposal, by 2100, the poorest half of the world's people will own 30% of the world's wealth, a figure that currently stands at 2%; while billionaires will see their share drop from 6% of all production to 0,05%.
The transformations, with an encouraging impact on reducing global warming, also include replacing the International Monetary Fund (IMF) with the United Nations Central Bank, which would be responsible, for example, for issuing a new currency: the United Nations Currency.
Democracy instead of plutocracy.
The details of the proposal, integrated into the activities of World Inequality Lab, They deserve wide dissemination, reflection, and debate, but instead, they remain erased from media coverage and political agendas.
Moreover, however promising the conclusions of the Global Justice Report may be, and however scientifically robust this work may be, plans to build a just world seem incapable of arousing interest and enthusiasm, as if the destruction of the planet and humanity were inevitable.
It doesn't have to be, emphasizes French economist Thomas Piketty, one of the coordinators of the report, which brings together the contributions of 45 researchers.
"People realize that this simply isn't working," Piketty points out in statements to The Guardian, not sparing criticism of the wealthiest. "If the world's billionaires and multi-millionaires were running our economy, investing money in a way that leads us to a fantastic future with planetary habitability, rising wages, and better housing and healthcare for all, everyone would be happy to hand them the keys. But that's not what we see."
According to the author of the bestseller "Capital in the Twenty-First Century," "their [billionaires' and multi-millionaires'] new dream is to cover the entire planet with data centers."
The Global Justice Report proposes a different path, one that is environmentally, economically, and humanly sustainable, challenging what it calls global plutocracy. As an alternative to this principle, observed, for example, in the IMF and the World Bank – where the inhabitants of Europe and North America/Oceania have more than four times as many votes as their population share, a proportion that is reversed in relation to citizens of Sub-Saharan Africa and South and Southeast Asia – the document proposes that the Global Justice Fund be governed according to the principles of global democracy.
In other words, regular budgetary decisions should be made according to a double majority rule: 55% of countries representing 60% of the population.
"It is preferable to create the Fund with an incomplete coalition of countries, but following democratic norms, than to encompass all countries and have to obey persistent plutocratic rules," argues Piketty, breaking the boundaries of the plutocratic present to build a future of global justice.
