APRIL 2020 SYMPOSIUM
Location: The University of Michigan - Ann Arbor
Envisioning Wealth Redistribution
Proposals on class, race, and wealth inequality in America
In a first symposium on "Envisioning Wealth Redistribution”, we will bring together scholars from a variety of social science disciplines – social work, sociology, economics – to debate visions capable of transformative change as they relate to wealth inequality, class, and race in America, such as stakeholder grants, wealth and inheritance taxation, and reparations.
In the United States today, nearly 80 percent of the nation’s wealth is owned by a mere 10 percent of households. Three men in this country – Jeff Bezos, Bill Gates, and Warren Buffet – own more wealth than the bottom 50 percent of households. This skewed distribution is even more extreme when considering the racial wealth gap: the median black household holds just ten percent of the wealth of the median white household.
These unsettling facts demand serious consideration. These facts demand programs to stem wealth inequality and envision how wealth ought to be distributed. This symposium will ask academics to propose policy blueprints, that enumerate in detail the costs, benefits, and overall consequences of different visions of transformative change. This symposium and the Envisioning Real Utopias workshop follows the late Professor Erik Olin Wright call for “specific proposals for the fundamental redesign of different arenas of social institutions.”
In April, Envisioning Real Utopias is pleased to bring together scholars in an afternoon 2.5-hour symposium. Proposals will be made for transformative change as they relate to wealth, class, and race in America.
The direct redistribution of wealth to Americans at birth.
Taxing wealth and inheritance in America.
Programs and policies to close the racial wealth gap.