Tomorrow's Economy by Per Espen Stoknes

Tomorrow's Economy by Per Espen Stoknes

Author:Per Espen Stoknes [Stoknes, Per Espen]
Language: eng
Format: epub
Publisher: MIT Press
Published: 2021-02-19T00:00:00+00:00


Setting Targets for Inclusive Growth

Measuring inclusive growth raises many questions: How can we know if we are heading to a more equitable society, or if our steps are large or miniscule? Are we dealing only with the climate crisis and not climate justice, too? Is inclusive growth measurable,27 or is it just another feel-good buzzword from the la-la land of globalist politics and wishful thinking?

It may never be possible to set a uniform, measurable, science-based target on a socially optimal threshold of inequality, as we may never agree on a “right” level due to diversity in ethics, values, cultures, and worldviews. Even the United Nations views reducing inequality as a within-country issue, and hence does not set any globally defined numerical target for countries. But some approaches have nevertheless managed to formulate meaningful quantitative and consensus targets for inequality. Three of them are particularly useful.



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