Wednesday November 13, 3:15 pm-4:15 pm
Growing income inequality and declining social mobility have created social, economic, and political instability in many parts of the world. In addition, this presents a challenge to the social license to operate for business. Failure to address a growing sense of economic vulnerability is leading to a backlash against the very idea of capitalism. At the same time, many businesses are exploring ways in which they can modernize their approach to wage dispersion and stagnation, and affordability of goods and services, to address economic insecurity. This session will explore questions on living wage, executive pay and tax structures, and experiments on introducing a universal basic income, which are increasingly garnering attention.
Marika McCauley Sine
Vice President, Global Sustainability