Six ways economies can tackle the wealth divide

While the biggest impact is on those on the lower end of the economic spectrum, economic inequality has ramifications for everyone. Government revenue streams are becoming stretched as tax coffers shrink and welfare expenses rise; this can reduce the level and quality of government services across the board. And, as the divide between the ‘haves' and ‘have-nots' expands, resurgent populism is threatening to create headwinds for economies and markets. Given these tensions, couldn't we construct an economic model that maintains the benefits of capitalist production while limiting its tende...