Measuring Economic Democracy

Professor Robert McMaster discusses the motivations behind Brexit and introduces the economic democracy index, which measures economic democracy across various economies. The index reveals differences between Scandinavian, Eastern European, and Anglo-American economies. The video explores correlations between economic democracy, income inequality, productivity, and poverty. It also discusses policy implications and interest from organizations. The potential impacts of Brexit on the UK economy and concerns about climate change are also addressed.

What implications does the economic democracy index have for policy-making?

In what ways might Brexit exacerbate existing income inequalities?

What role do local initiatives play in addressing climate change according to the speaker?