21. All states shall support SDGs, tax wealth and financial transactions, and redistribute funds equitably.

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1. SDGs and the Redistribution of Wealth for “Saving the World in a Hurry”

Is a Higher ‘Quality of Life’ a Bulwark Against Disaster?

Rapporteur: Shane Roberts

The six threats of the Project to “save the world” are described as “causally inter-dependent” and requiring “systemic change”. This points to a complex world, where any problem, cause, effect or solution related to each threat may be given a simple label that masks an underlying complexity, e.g. in a mesh of chicken-and-egg dilemmas about where to start: everywhere at once?

So it is with the Project’s roster of solutions, wherein ‘plank’ #21 in part states that “All states shall support SDGs” and in so many words arguably calls for a redistribution of global wealth. Between the SDGs and the notion of redistributing wealth, we have landed in a sea of complexity – theoretical and practical. To start with, what are the SDGs, and what might one mean by “wealth” and mechanisms for its redistribution?

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James Tobin

The Tobin Tax The case for a tax on international monetary transactions . AUTHOR(S): James Tobin APRIL 1, 2011 This article is based on a speech delivered in 1995 at a CCPA conference in Ottawa by U.S. economist James Tobin, who died in 2002 at the age of 84. A prominent supporter of Keynesian economics and winner of the Nobel Prize in Economics in 1981, Prof. Tobin is now widely known for his suggested imposition of a tax on foreign exchange transactions. Such a tax, he argued, would reduce speculation in the international currency markets, which he saw as dangerous… Read more »

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Some people consider it bad manners to complain about inequality. Strange.