The environmental costs of globalisation are (literally) horrific.
And a surprising amount of it is useless makework - disposable "fashion", faddy toys, and shoddy consumer goods that break after a couple of years.
As for lowering the risk of armed conflict - how's that working out for everyone?
As for " lowering the risk of armed conflict - how's that working out for everyone?" - pretty well, thank you. Deaths in armed conflicts have massively decreased since the 1980s with most of them originating from local wars in Africa prior to 2022. (see https://ourworldindata.org/war-and-peace) - the Ukraine conflict is a return of exactly the kind of imperialist expansion that we've seen in the leadup to World War 1 which happens when isolated countries with territorial ambitions seek to expand.
Regardless of the existence of Manufacturing.
Tax your rich fairly and you will see major shift.
Not income tax.
Do the top 1% income tax include those people whose wealth increase because of their assets? Something to ponder…
We shouldn’t tax productive workforce more (in fact, we should tax less). We should tax unproductive assets more and redistribute.
Worked for multinational companies and the typical chatters are:
- US based employees get taxed less on RSU maturity but have to figure out how much they owe the Government afterwards.
- Meanwhile, EU and Canada based employees are all paying top rate tax and get refunded afterwards.
Interesting that US is the only outlier