Today, the richest 10 per cent of the world’s population own more than three quarters of its wealth, while the bottom half have 2%.To halt the growing wealth gap, one economic philosopher, Ingrid Robeyns, has come up with a striking proposal - to impose legally enforced limits on people’s personal wealth. No one individual, Professor Robeyns suggests, should be allowed to have more than 10 million dollars.It's a provocative idea. And would it work in practice?(Picture: Ingrid Robeyns. Credit: Keke Keukelaar/United Agents)Presented and produced by Ed Butler
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Folge vom 23.02.2024Business Daily meets: Ingrid Robeyns
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Folge vom 22.02.2024Ukraine's economic rollercoasterThe Russian invasion sparked the worst recession in the country’s recent history. Yet 2023 saw growth which is projected to continue. So how are businesses actually faring? The economy is heavily reliant on foreign aid and there is uncertainty whether that will continue, notably from the US.We hear from businesses and workers who give us a mixed picture of Ukraine's economic health: Chef Zhenya Mykhailenko the CEO of FVSM which runs a group of Ramen restaurants in Kyiv and a military kitchen in the Zaporizhiya region; Kees Huizinga who farms in Uman, South of Kyiv and Erica, a secondary school teacher in the war torn southern city of Kherson. Plus economic analysis from Andrew Walker.Produced and presented by Clare Williamson(Image: Chef Zhenya. Credit: FVSM)
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Folge vom 21.02.2024Peak profitsThe Olympics in Tokyo, some jaw dropping films, and a hardwired desire to be in the great outdoors. These are just some of the reasons credited with boosting the popularity of climbing. Hundreds of indoor bouldering gyms have cropped up in the US since the 1990s, and the sport is spreading across the world. Although still concentrated in North America and Europe, more and more countries are joining the International Federation of Sport Climbing, and the millions of people taking part are attracting the attention of brands and financial backers. We hear from climbing business experts and the UK’s most successful competitive climber, Shauna Coxsey, to find out more. (Picture: Shauna Coxey. Credit: Getty Images)Presented and produced by Hannah Bewley
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Folge vom 20.02.2024What happens when you run out of coins?The Philippines is experiencing an artificial coin shortage.It’s artificial because there are plenty of coins - it’s just that people are using them less so they fall out of circulation and end up collecting in jars at home. Hannah Mullane investigates why this is happening and what impact it’s having on consumer behaviour. And reporter Camille Elemia speaks to businesses and shoppers in Quezon city to find out how Filipino’s are changing the way they spend. (Picture: A jeepney driver, counting some notes)Presented and produced by Hannah Mullane Additional reporting: Camille Elemia