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https://www.theguardian.com/environment/2026/mar/03/un-de-schutter-outlines-plan-for-redistributive-global-economy>
"The global economy must be reordered to ensure it serves ordinary people
around the world rather than the “frivolous and destructive demands of the
ultra-rich”, according to a leading UN figure.
Olivier De Schutter, the UN special rapporteur on extreme poverty and human
rights, says politicians must stop prioritising “socially and ecologically
destructive growth” that only increases the profits – and serves the
consumption demands – of the world’s richest individuals and corporations.
Instead, to tackle the interwoven crises of rising inequality, ecological
collapse and resurgent far-right politics, a new economic agenda is needed.
“The scarce resources we have should be used to prioritise the basic needs of
people in poverty and to create what is of societal value rather than serve the
frivolous desires of the ultra-rich.”
De Schutter said an economy that uses its limited resources to prioritise
building large mansions rather than social housing, or powerful cars rather
than public transportation systems, was “grossly inefficient” and “will
inevitably fail to satisfy the basic needs of people living on low incomes”."
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
