04-27-2021, 11:13 PM
vision63 wrote:
[quote=Ted King]
There is no doubt in my mind that income and wealth are egregiously maldistributed in the U.S. I don't see a way right now of significantly mitigating that that doesn't involve much greater taxation of the wealthy and distributing that wealth to lower incomes through tax breaks and government programs. But I don't like the idea of a small percent of the population paying for such a large share of government spending. It sorta feels like it would be easy for them to think, well, if I'm paying for it, then I want my say in what the government does to be proportionately greater (greater than the already far too disproportionate greater say that they already have).
We need to figure out a way to jigger the economic system so that more of the wealth created goes to the hands and brains of the people making the bolts and beds of the goods and services rather than so much going to the hands that control the flow of cash in private corporations. Strong unions will help but unions come with their own problems. I think a better economic model is to have ownership of the corporation be shared by capital sources and workers. I have no idea how to do that or if it's even legally possible in the US, though.
They'd call you a Commie and fight on it.
No doubt, even though I am talking about joint ownership between capital and labor, not government ownership of the corporation.