An extra $50 billion or so per year could help ensure that children everywhere have access to basic health care and schooling - a sum that could easily be found through redirecting military spending and taxing the global rich, argues Jeffrey Sachs.
At a recent gathering in Brazil, an alliance of campaign groups reaffirmed their call for a binding international instrument to address human rights abuses committed by transnational corporations and other business enterprises.
As part of STWR’s ‘global call for sharing’ campaign, we are periodically highlighting the growing public debate on the need for wealth, power and resources to be shared more equitably both within countries and internationally.
Unlike many politicians and business leaders, children as young as seven are quick to recognise that the principle of sharing holds the key to addressing pressing global issues such as poverty and inequality – and that governments should put these concerns at the very top of their agendas.
Establishing a globally agreed tax body under the auspices of the United Nations and putting an end to dubious tax avoidance activities would bolster government revenues and help finance the provision of essential public services, especially in the Global South.