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FT editorial board calls for 'radical reforms' like basic income and wealth taxes amid pandemic

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The international newspaper's editorial board, which typically aligns with free-market capitalism, suggested in a new op-ed that the COVID-19 pandemic will force governments to take a more active role in society: "Radical reforms — reversing the prevailing policy direction of the last 4 decades — will need to be put on the table."

The international newspaper's editorial board, which typically aligns with free-market capitalism, suggested in a new op-ed that the COVID-19 pandemic will force governments to take a more active role in society: "Radical reforms — reversing the prevailing policy direction of the last 4 decades — will need to be put on the table."

  1. 4 avr.

    COVID19 and our societal response will require big structural change. The New Deal of the 21st century. These aren’t radical lefty ideas. It’s the editorial board of the Financial Times

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  2. 4 avr.

    “Reversing the prevailing policy direction of the last 4 decades - will need to be put on the table. Govts will have to accept a more active role in the economy.” Remarkable ⁦⁩ leader - writing about same in ⁦⁦⁩ tomorrow

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  3. 4 avr.

    Wow, Financial Times editorial today. 'Radical reforms — reversing the policy direction of the last four decades — will need to be put on the table. (...) Policies until recently considered eccentric, such as basic income and wealth taxes, will have to be in the mix.'

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  4. 4 avr.

    Virus lays bare the frailty of the social contract: "But the biggest victims of the lockdowns are the young and active, who are asked to suspend their education and forgo precious income." vía

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  5. 4 avr.

    “As western leaders learnt in the Great Depression, and after the second world war, to demand collective sacrifice you must offer a social contract that benefits everyone.” Seems to be the fate of humans to re-learn the same lessons via bitter experience.

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  6. 4 avr.

    This is powerful stuff from

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  7. 4 avr.

    Throughout the years I've worked there, the has advocated free market capitalism with a human face. This from the editorial board sends us in a bold new direction.

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  8. 4 avr.

    Wow is right. We are in a new era when FT calls for rethinking capitalism last fall and now sounds like a, gasp, democratic socialist rag.

    Wow, Financial Times editorial today. 'Radical reforms — reversing the policy direction of the last four decades — will need to be put on the table. (...) Policies until recently considered eccentric, such as basic income and wealth taxes, will have to be in the mix.'
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  9. 4 avr.

    FT calling for public services to be seen as investments rather than liabilities. Neo-liberalism just died

    Wow, Financial Times editorial today. 'Radical reforms — reversing the policy direction of the last four decades — will need to be put on the table. (...) Policies until recently considered eccentric, such as basic income and wealth taxes, will have to be in the mix.'
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  10. 4 avr.

    When you hear this from the conservatives, it's time to take a listen:

    This is in the Financial Times. And it's not just any op-ed; it's by the editorial board itself. COVID-19 really has changed everything.
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  11. 3 avr.

    Virus lays bare the frailty of the social contract

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