Why Are We So Slow to Fix Global Inequality?

Hello everyone in the LeoFinance community. We are all here because we are interested in crypto and finance. But sometimes, we need to look at the bigger picture of the global economy—a picture that is worrying.

Source: Gemini

I want to talk about income inequality.
Recently, I read some reports about the work of the G20 Extraordinary Committee on Inequality, led by Nobel laureate Professor Joseph Stiglitz. This report is a wake-up call. It tells us that the world is facing an "inequality emergency." The problem is so big that it threatens our democracies, social stability, and even makes the climate crisis worse.

I do not accept this inequality.
I believe that high levels of economic inequality are not natural or a force of nature. As the experts say, it is a result of conscious political choices. When the top 1% controls a massive portion of the world’s wealth and the income gap between the richest and the poorest is so huge, we have a broken system. We are talking about a world where billions of people do not have enough food, while the wealth of billionaires is at an all-time high. This is simply wrong. It's unfair, and it is holding back human progress everywhere.

But here is my question, and my main criticism: Why is the world so slow to act?
We have the data. We have the experts—economists, social scientists, climate scientists—telling us this is an emergency. They are calling for clear actions: stronger taxes on wealth and inheritance, more public investment, and policies focused on equality.

Yet, we see a deep concern about the "polarization of politics." This political fighting seems to be a major obstacle. The concentration of extreme wealth leads to undemocratic power, which damages trust in our societies and makes it nearly impossible to agree on solutions.

This delay is what I find so frustrating. We know the solution is not "unavoidable." We know that inequality can be reduced with open and proven steps. The experts are ready to contribute their time and knowledge—like the thousands who volunteer for the IPCC—and they are asking world leaders to support a permanent International Panel on Inequality.
This must be the "first vital step" they talk about.

As a community interested in new financial models like crypto and the LEO token economy, we should be thinking about these global issues. Our goal should be to build a future with more equal societies and economies where success is possible for everyone, not just a few.

The time for talk is over. We need to demand that our leaders take the clear steps needed to reverse this crisis now. We cannot afford to wait any longer.