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TED December 7, 2025

Economist Esther Duflo says it’s time to think seriously about getting billionaires to contribute

Summary

The main theme is the need for a wealth tax on the richest individuals and multinational corporations to fund climate action, with broad public support. Despite concerns about how the money would be used, a practical solution involves direct cash transfers to citizens, as demonstrated by successful programs in Zambia and Kenya that build resilience and productivity. The takeaway is to urgently demand a billionaire tax for climate justice, emphasizing its feasibility and fairness.

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