Skewed perceptions
The UK’s Tax Justice Network in July published research showing that revenues lost to public coffers by the super-rich hiding these sums in tax havens amounted to $21 trillion as of 2010 – as much as the US and Japanese economies combined, and the figure could be as high as $32 trillion.
There is more than enough money out there to have decent social services – and new ones, guaranteed incomes, well-funded pensions, a transformation to a low-carbon (or even carbon-negative) economy, and investment in space exploration. It’s a false choice to say: either space or everything else. The choice is actually between the current crop of political ideologies clustered around the neoliberal center, and something genuinely transformative on a global scale.
