(adsbygoogle = window.adsbygoogle || []).push({}); The economy is broken and needs changing unless we want instability/inequality.
Right now the focus has been on a debt crisis which then made a banking crisis which leads us to now. However the debt was not what caused the crisis. Something far far deeper within the economy did, inequality quite simply put.

Your looking at me confused don't worry it makes sense. At the right top end of wealth people have had their wealth increased by alot. Near the bottom and middle it has not increased that much at all.
Take for example the sunday times top 200 rich list.
In 1990 you would need 50 million today 430 million.

That not even the top 1% that 0.01%

All of this leads to inefficiency , inequality and high inequality economy.
Right now the top 1% within the US holds 1/3 of the wealth that more then the obama stimulus package.
To prove a point nations which have less inequality are more happy and stable. Almost all nation have not felt the recent downturn.

How to solve it ?
Quite easy give the lower and middle end a bigger slice of the pie. Increase wages , invest into people near the bottom of the end. The state takes more from the super rich and gives tax breaks to the lower end.
Business needs to invest more into the communities around it , needs to help fund and build communities centers and services etc.
State and business together working would be far more efficient then just state.
It time we move away from a inefficient economy focused on cities and make it more local.
Alot of wasted room within the economy that should be given a investment boost. Why not create more GDP activity in areas which badly need it.

Why should we ?
If we carry on doing what we are right now. I fear for the future of the human race along with what comes from this unstable system. The poor should not been looked down when it the system that makes them poor and does nothing to help that.

It easy to gloss over this but most of are social problems come from it. Why waste all that money fixing them when a new model just needed ?
Reason i posted this it would be interesting to see what NGU thinks about it and how they view the rich.

*Any mistakes are on purpose........*

We already seen one social crisis due to it the Arab spring.
Likely to see many more , likely within years one in greece/EU and one in china.
Not many smart people within government sadly
Yea i agree it should be done slowly
Rushing it would cause more problems then it solves

I don't think the problem is that the government isn't smart or stupid. They are fully aware of what theyre doing, it just doesnt benefit them to benefit the little guy.