Bold Idea for Tackling Income Inequality

Some of the most thoughtful policy ideas are targeted not solely at racial inequality but also at income inequality. Because it tracks race, lessening income inequality is a step toward addressing at least one insidious dimension of racial disparity. [...]unlike sovereign wealth funds that rely on g...

Full description

Saved in:
Bibliographic Details
Published inBarron's Vol. 100; no. 25; p. 34
Main Author Belinfanti, Tamara
Format Trade Publication Article
LanguageEnglish
Published New York, N.Y Dow Jones & Company Inc 22.06.2020
Subjects
COVID-19
Funds
Income
Income inequality
Investments
Pandemics
Police reform
Race
Racial discrimination
Shareholder voting
Sovereign wealth funds
State laws
Stockholders
Unemployment
United States > US
Online AccessGet full text

Cover

More Information
Summary:Some of the most thoughtful policy ideas are targeted not solely at racial inequality but also at income inequality. Because it tracks race, lessening income inequality is a step toward addressing at least one insidious dimension of racial disparity. [...]unlike sovereign wealth funds that rely on government funding to bring them into being and are typically funded by proceeds generated from public resources, the Universal Fund would be built by corporations and private individuals with initial seed funds, and government could play a role by making contributions to the fund tax-deductible. Tamara Belinfanti is a professor of law at New York Law School and co-author of the book Citizen Capitalism: Howa Universal Fund Can Provide Influence and Income to All.
ISSN:1077-8039