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Speaker tackles island’s economic inequality

Income activist Chuck Collins used a forum discussion last night to ask audience members who Bermuda was for.

He said: “If your answer is it’s for all the people who live here, then we have work to do.”

Mr Collins, an international author, is on island to speak and meet with students, philanthropists, financiers, bankers, and more.

He was invited to speak at last night’s event on income inequality hosted by the Bermuda Community Foundation.

Mr Collins described global inequality conditions as “extreme”.

He added: “The trajectory of these inequalities is taking us to a place that will fundamentally change the quality of our communities.”

Issues including taxes, a livable wage, and responsible investment were discussed.

Mr Collins’s book, Born on Third Base: A One Percenter Makes the Case for Tackling Inequality, Bringing Wealth Home, and Committing to the Common Good examines the subject of inequality.

He was born into a wealthy family but gave away his inheritance at the age of 26.