The Citizens United Ruling fuels income inequality and stagnating wages in America because corporations have more influence in politics than voters. When corporations have more power, they focus on profit maximization and returns to investors, silencing the voices of the people in need of higher wages. To create a positive change for the middle and lower classes of America, the Citizens United Ruling could be removed, but there would need to be more changes to quickly support those facing financial distress. Discover a new rule that could foster an economic system where not only the elite enjoy the prosperity of America’s large, growing economy.
The pandemic has disproportionately affected LIDCs across the globe; with LIDCs lacking access to financial capital, they face domestic economic decline and forecast increased levels of poverty. As LIDCs struggle with limited financial capital, can financial markets play a role in helping LIDCs during the pandemic?