Titlebook: Debating Equal Pay for All; Economy, Practicabil Anders Örtenblad Book 2021 The Editor(s) (if applicable) and The Author(s), under exclusiv

REP

https://doi.org/10.1007/978-3-322-84114-8the role that the United Nations should play in this, especially by better monitoring of the targets of Sustainable Development Goal #10, which is, precisely, about reducing inequality. Finally, a suggestion for further (cosmopolitan) reading is made.

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https://doi.org/10.1007/978-3-662-63322-9 II provides additional empirical evidence confirming collective benefits of equalization, including solidarity, stable democracy, and national investment, in long-run economic growth. The restart is an essential step for healthy political and social systems to be effective at countering economic inequality.

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Universal Equal Pay Wrong-foots the Distribution of Incomesomes. The ethics of such inequality reduction can be questioned for its selectivity (capital incomes unaffected) and for the potential rationing of individual access to higher education. As a standalone measure, universal equal pay seems a suboptimal, possibly counterproductive, path towards a more equal society.

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A “Middle Way” Between the Free Market and Full Equality: A Pay Ratiohave generally focused on raising the minimum wage, and higher taxes on high earners, this chapter suggests a rather different approach to curbing increasing inequality of incomes, namely a pay ratio—pre-distribution, rather than the more orthodox redistribution.

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Closing the Gap: The Benefits of Lowering Pay Ratiospter explores what is considered by different societies to be a “fair” CEO-to-worker pay ratio. Finally, the chapter discusses recent policy initiatives to both disclose and cap pay ratios around the world.

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How Fair Is Equal Pay? The Need for a More Balanced Perspectivees..Finally, the chapter argues that pay equality will only be possible if it is regarded as socially and politically desirable, with inequalities restricted to those necessary to facilitate a functioning, well-motivated and productive economy. Government should therefore legislate against exploitation and abuse of market power.

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UTTER

Can a Honduran Have What a Norwegian Has? Equal Pay for All Countries: An Explorationthe role that the United Nations should play in this, especially by better monitoring of the targets of Sustainable Development Goal #10, which is, precisely, about reducing inequality. Finally, a suggestion for further (cosmopolitan) reading is made.