Publisher's Synopsis
The politics of envy in the West is a real risk to job creation, aspiration and wealth creation: the solution for addressing inequality favoured by governments and think tanks - tax - just doesn't work in practice.
There is plenty of money in the world, it is just in the wrong places. Fifty per cent of GDP and most employment in developed nations comes from small businesses which aren't able to access capital. If we can make small business an investable asset class, we can unlock global capital, drive money into every town and city in the world, and truly democratise wealth.
Democratising Wealth will show you why:
Tax and spend doesn't work
Small businesses, who create value every day, are shut out of the global financial system
Big money loves to be diversified but can't be invested in small businesses efficiently
'Small business' as an asset class attracts capital into the real economy where people work and create value
We don't need to change the system to democratise wealth and solve inequality in a sustainable and meritocratic way
