My Column These texts were all published in German in ZEIT ONLINE as op-ed column “Fratzschers Verteilungsfragen“. Opportunity Credit to Safeguard the Future June 23, ZEIT ONLINE Policy makers must react by fundamentally rethinking social policy with the aim of improving people’s economic, social, and political participation, thereby affording them new opportunities. Equality and Taxes in Germany May 26, ZEIT ONLINEThe German tax system is based on the principle of capability. People with high earned and capital incomes should convert a higher proportion of their income into government tax revenues. In general, taxes should be progressive. This means the tax rate should rise as income rises. The Shrinkage in Earned Income May 12, ZEIT ONLINEThe International Monetary Fund (IMF) has attracted attention with its most recent World Economic Outlook. The report shows that the global workforce is receiving a decreasing proportion of economic output, whereas owners of capital are claiming a larger piece of the pie for themselves. Unconditional basic income does not equal more freedom April 28, ZEIT ONLINE Unconditional basic income is the wrong answer to the challenges of our time. It is neither egalitarian, nor liberal, nor individualistic, nor economically conducive. Equal opportunity, not basic income, for all April 14, ZEIT ONLINE Unconditional basic income may be a hip idea, but implementing it would only help the State to continue shirking responsibility for its weakest members. We need other solutions. There is no need to take in order to give March 31, ZEIT ONLINESocial inequality has become the main issue of political contention in Germany. The trenches are deeper and the struggle more vociferous than for any other issue. Elites turning a blind eye to social inequality Dezember 23, ZEIT ONLINEGermany’s widespread social inequality is real – but politicians are still in denial. Trump’s brand of populism feeds on frustration and fear January 20, ZEIT ONLINE As long as he can pit people and nations against each other, Trump will remain in power. But there is a way to smash his “anti-politics.” In Germany, the poor are getting poorer March 3, ZEIT ONLINE More Germans than ever are at risk of poverty – and politicians are increasingly unwilling to acknowledge their plight. The trend is taking on a life of its own, and it’s threatening our democracy. Germany’s equal pay laws stuck in the Stone Age January 13 , ZEIT ONLINEWomen themselves are to blame for the fact that they earn less, and any laws governing equal pay would pose an unnecessary economic burden – right? Wrong. Germany’s savings madness February 17, ZEIT ONLINE Germany is generating substantial export surpluses – but the profits are being squandered abroad. The solution? Investing in Germany. No envy, please! February 3, ZEIT ONLINE “Time for fairness“ is the motto of the new candidate for Chancellor of the German Social Democrats, Martin Schulz, in his campaign against Angela Merkel. The slogan is bound to strike a chord in a country where 70 percent of the people feel that inequality is too high. But the issue of fairness should not be the one at stake.