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Fair Incomes for a Healthy Future: The Sustainable Salaries Act

Posted On: Oct 21, 2020   |   Posted By: Steady State

Fair Incomes for a Healthy Future: The Sustainable Salaries Act

By Ashfia Khan
To achieve sustainability in the USA and generally, it is crucial that we narrow the income gap between the highest and lowest earners. An equitable distribution of income is a prerequisite of social and environmental sustainability. It's not just about sustainability, either-it's about fairness, too.
Unsustainable salaries lead to unsustainable consumption.
People tend to be happier and healthier in societies where there is a more equitable distribution of wealth, as well as more likely to receive higher education and have a longer life expectancy. Among the G7 countries, the USA ranks highest in income inequality, and the wealth gap more than doubled between 1989 and 2016 and continues to widen. The more the income gap widens, the worse it gets for economic mobility.
Sometimes called the “Great Gatsby Curve” by economists, the relationship between income equality and mobility is such that children from lower-income families will be far less likely...

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