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Can you reply for my peer comment , There are a few things that can be done to make a global economic system that is
Can you reply for my peer comment , There are a few things that can be done to make a global economic system that is fair to all. I think that if we improve technology in every country, it would improve communication between countries, which would help with free trade. Another thing that could be done is redistributing global wealth. Just like in Canada's socialist/capitalist system, we redistribute wealth through taxes to the impoverished, which could be used to improve education or healthcare. Doing this helps with increasing human capital, which decreases inequality. If we had global taxes that are redistributed to less fortunate countries, it would help create a fairer system. Politically, having every country have a similar voting system that focuses on democracy would help with the economic ideas that I mentioned previously to keep every country prioritizing equality in the world. These ideas would be very complex, but it would take drastic measures to make a fair system for all
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