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Big Ideas is a series of talks addressing some of humanity’s shared challenges and opportunities as we work to advance an emerging global civilization. This series brings together perspectives from the Baha'i writings with current research and experience as well as contemporary discourses on key issues of our time.
Friday, November 8 2024, 7:30 EDT

Challenging Extreme Wealth: Limitarianism in conversation with Bahá'í Principles on Economic Justice with Shamim and Arian Taherzadeh  

Global wealth inequality has reached unprecedented levels, with the richest 1% controlling nearly half of the world's wealth while billions live in poverty. While much attention is given to alleviating poverty, the ethical implications of extreme wealth accumulation remain underexplored. Increasingly, economists and philosophers are questioning whether there should be limits to individual and corporate wealth and whether society has a responsibility to curtail excessive wealth.

This presentation examines the work of Dr. Ingrid Robeyns, an economist and philosopher who advocates for the principle of 'Limitarianism'-the idea that extreme wealth undermines social equality, distorts democracy, and exacerbates environmental crises. In parallel, we will explore the Bahá'í perspective, which offers a spiritual framework for understanding wealth. Bahá'í teachings emphasize the need to balance material and spiritual well-being and propose practical solutions such as the law of Huqúqu'lláh and the elimination of extremes of wealth and poverty to ensure more equitable prosperity.

By engaging with both economic and spiritual viewpoints, this presentation seeks to deepen our understanding of the ethical challenges surrounding extreme wealth and inequality, and to explore possible remedies rooted in principles of justice and fairness, as articulated in the Bahá'í Writings




( We recommend watching in full screen mode. )

Notice:
The views and opinions expressed in this series of presentations are those of the speakers and not necessarily those of the Ottawa Bahá'í community and/or its institutions.




© The Local Spiritual Assembly of the Bahá'ís of Ottawa, Canada