The inequality is as existential a threat as Climate Change. Taken far enough both will lead to a sudden collapse of the country, and civilization. There is ongoing denial on both fronts. Radical solutions are needed for both.
Why and How Capitalism Needs to Be Reformed (Part 1)
The Next Recession Might Force The US To Do Universal Basic Income
Why and How Capitalism Needs to Be Reformed (Part 1)
Over these many years I have also seen capitalism evolve in a way that it is not working well for the majority of Americans because it's producing self-reinforcing spirals up for the haves and down for the have-nots. This is creating widening income/wealth/opportunity gaps that pose existential threats to the United States because these gaps are bringing about damaging domestic and international conflicts and weakening America’s condition. ....... I think that most capitalists don’t know how to divide the economic pie well and most socialists don’t know how to grow it well, yet we are now at a juncture in which either a) people of different ideological inclinations will work together to skillfully re-engineer the system so that the pie is both divided and grown well or b) we will have great conflict and some form of revolution that will hurt most everyone and will shrink the pie.
The Next Recession Might Force The US To Do Universal Basic Income
