Business · Economy · 1 day ago

Milan festival calls for a more democratic economy

Milan festival calls for a more democratic economy

The third Critical Economy Festival was held over two days at the Feltrinelli Foundation in Milan.

It focused on the relationships between businesses, institutions and local communities.

Speakers said economic growth has increased inequality in Italy because wealth has grown mainly at the top.

They argued that the economy needs to be made more democratic.

One proposal was to ensure that people share a common base of wealth.

Other suggestions included supporting social-economy initiatives and giving workers a more democratic role in running companies, including capitalist businesses.

The festival's discussions centered on how businesses and institutions could help shape a fairer economy.

Sources

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