The gap between the rich and the poor — globally, nationally, within regions and cities — has been widening since the 1980s. It’s true that many people across the world have also been lifted out of poverty in that time, but simultaneously in the so-called developed world, wages for middle and low income workers have stagnated.
When Pluto went into Capricorn in 2008, the Lord of Burn and Slash in the sign of Big Government and Big Business, we saw the banking crisis. But Pluto is still in Capricorn and the world economy is still in a state of transformation. The banking crisis has still not been resolved. Pluto is also associated with criminality, corruption and corporate theft.
However, Saturn, the Lord of Rules, Regulation and Boundaries, is coming along through Capricorn. He has not been here since the early 1990s, and Saturn is strong in Capricorn, his own sign. There is a solution to global inequality: taxes. Of course, this requires international co-operation when it comes to corporations, but Saturn is coming, and he may well co-opt the services of Pluto.
Tighter regulations around wealth, and around the mega-corporations that run the internet could be coming — although the latter may not become apparent until the great move into Aquarius in 2020.
Remember that Pluto and Saturn have not met in Capricorn since 1518, during the Early Modern Period, the beginning of capitalism.
Listen to Winnie Byanyima, Executive Director of Oxfam International, and Dutch economist Rutger Bregman on this video from Davos.