An Equitable World - How might a global Income Corridor work?
I was curious to discover how an income corridor might work to balance extreme wealth of the top 10% with the basic income needed by the poorest. I'm sure it won't happen without some kicking and screaming, but I wondered if the idea put forward by the economist Herman Daly might work. What if an upper limit on wealth could leave a balance for investment in regenerative climate activities and eliminate poverty by giving everyone a minimum income for a sustainable existence? I used Perplexity AI to create the interactive model of the Income Corridor. I'm showing this to stimulate more accurate and detailed thinking by those with the economic and mathematical skills to take the idea forward. A naive idea perhaps, but not if our consciousness evolved to a level where sufficiency becomes an embedded value. Maybe not this century, but when Civilisation matures to adulthood from its current 5,000+ years of juvenility.
