Because of their focus on justice and virtuous behavior, ethical liberalism supports
wealth redistribution policies (such as the New Deal in America).
In that case GDP growth will drop sharply in line with the drop in credit growth, but if Beijing simultaneously implements
wealth redistribution policies from local governments to households, ordinary China won't feel the pain because the steep drop in GDP growth will be accompanied by a much smaller drop in household income growth.
Not exact matches
The
policies of the NDP show more of an interest in controlling
wealth through
redistribution rather than creating it.
It is also used for its secondary effects: punitive taxation, taxation used as an incentive (e.g. protectionist tariffs, environmental taxes to reduce pollution, sin taxes on gambling or drugs, financial transaction taxes, Pigovian taxes), foreign
policy (tariffs),
wealth redistribution (progressive taxation, negative income tax).
«For too long our state's fiscal
policies have focused on trickle down economic
policies that benefit the 1 % — the result has been a radical
redistribution of
wealth to the very rich.
«Contrarily to what we initially hypothesized, gender inequalities... were not lower in those welfare state regimes with greater levels of
wealth redistribution and more universal
policies for social protection nor, more specifically, among the most privileged... occupational social classes,» Campos - Serna writes.
Peer pressure, eco-activist harassment, politically correct posturing, and shared ideologies about fossil fuels, forced economic transformations and
wealth redistribution via energy
policies also play a major role, especially on campuses.
As it stands it seems he's saying that
wealth redistribution would be an impact of climate
policy.
The UN has admitted their goal is
wealth redistribution and it doesn't have anything to do with environmental
policy.»
Otmar Edenhofer, Co-Chair of WG III, says climate
policy has nothing to do with the environment and is instead about
redistribution of
wealth:
For 20 years, evidence about global warming has been directly and explicitly linked to a set of
policy responses demanding international governance regimes, large - scale social engineering, and the
redistribution of
wealth.
«No matter how the GOP messages this plan, it is nothing more than an upward
redistribution of
wealth,» says Alan Essig, executive director of the Institute on Taxation and Economic
Policy.