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    Current page location: Home > Answers > What is a new international economic order?
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    Shelly King
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    What is a new international economic order?

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    • Time:2018-09-06 09:42:39
    What is a new international economic order?
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    Stella Qi
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    My idea of a new international economic order is Economic Democracy. All corporations would be rechartered as cooperatives based on the one person one vote principle. Each stakeholder would have an equal voice. That doesn't translate into equal incomes or outcomes though. A fully democratic process would still have inequality of income and wealth, just more approximately normal rather than highly skewed. Polls show that a majority accept that statistically normal degree of inequality is considered reasonable due to differences in productivity, knowledge, skills, and abilities.

    #1Floor 2018-09-06 10:30:05 Reply(0)
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