This is why I favor distributism. These tech advances that increase production, only benefit ppl who productive assets. The more ppl who are producers, the more even the benefits are spread. Education is good, but not modern education. I use old books and research papers to learn topics. Take electronics, the new book I bought uses technical terms b4 the concepts necessary to understand them have been taught. The older book is far more practical, covers more info, and doesnt waste space in the book on silly things. Smart ppl have a fear of saying something that isnt technically true or their afraid of teaching a misconception to new students. So they info dump. There needs to be a school that is purely practical.
How about paying American workers back for 50 years of flat wages where the 1% took all the gains in profit through productivity … It has been said that if wages kept up with growth in productivity then minimum wage would be about $24 today. Like wages in Germany… This doesn’t include all the other huge gains the GOP has given the rich. Where is our trickle down? II want my American Dream back!! N
6/10 dollars earned being paid to workers seems...very low to me? Kinda feels like that should be more in the 8 dollar range. In general, these "experts" that have accrued the lions share of the benefits will still innovate and outearn everyone else, perserving incentives, even if the distribution was made much flatter via tax and redistribute. I especially like taxes that don't influence behavior in the market, like a massive inheritance tax with no loopholes in it via trusts and no stepped up bases on assets on inheritance. I'm really glad he brought up the industrial revolution and how it was terrible for people actually living through it. That's exactly what we don't want, And frankly from the perspective of someone living now I could care less if it's better for humanity in the end if I'm not there to enjoy it. A new industrial revolution needs to include everyone along for the ride to enjoy the benefits distributed out. Make the changes that will benefit everyone in the long run, But support those who get hurt now by paying them with the money of the winners. Not paid to keep doing what they are doing and resist change, but paid to go along with it. I'm glad he brought up the safety net and how it needs to be strengthened. There also needs to be a shift in spending, there's been a massive increase in spending on the elderly with no commensurate increase in spending on the young. We now spend way more on the elderly than the young per person, And that's pretty backwards honestly when you consider one of them is the future and incredibly valuable to the rest of society and the other is the past and not economically useful anymore. Obviously we don't want the elderly to suffer but there's a huge gap between suffering and living how they're living as a whole. I think it's ridiculous that we don't expect the elderly who are living on nothing but social security with no private savings to live lives any more extravagant than a broke college student. They should be living in big compounds with multiple roommates. I say compounds because of the idea of delivering services such as medical services with economies of scale. And ideally these large communities of seniors don't live on the most valuable land near the jobs, But they can live in satellite communities so that the more valuable urban land is available for young families who are economically productive.
This is why I favor distributism. These tech advances that increase production, only benefit ppl who productive assets. The more ppl who are producers, the more even the benefits are spread.
Education is good, but not modern education. I use old books and research papers to learn topics. Take electronics, the new book I bought uses technical terms b4 the concepts necessary to understand them have been taught. The older book is far more practical, covers more info, and doesnt waste space in the book on silly things. Smart ppl have a fear of saying something that isnt technically true or their afraid of teaching a misconception to new students. So they info dump. There needs to be a school that is purely practical.
I can see the middle class getting obliterated.
Absolutely.
How about paying American workers back for 50 years of flat wages where the 1% took all the gains in profit through productivity …
It has been said that if wages kept up with growth in productivity then minimum wage would be about $24 today. Like wages in Germany…
This doesn’t include all the other huge gains the GOP has given the rich. Where is our trickle down?
II want my American Dream back!! N
6/10 dollars earned being paid to workers seems...very low to me? Kinda feels like that should be more in the 8 dollar range.
In general, these "experts" that have accrued the lions share of the benefits will still innovate and outearn everyone else, perserving incentives, even if the distribution was made much flatter via tax and redistribute. I especially like taxes that don't influence behavior in the market, like a massive inheritance tax with no loopholes in it via trusts and no stepped up bases on assets on inheritance.
I'm really glad he brought up the industrial revolution and how it was terrible for people actually living through it. That's exactly what we don't want, And frankly from the perspective of someone living now I could care less if it's better for humanity in the end if I'm not there to enjoy it. A new industrial revolution needs to include everyone along for the ride to enjoy the benefits distributed out. Make the changes that will benefit everyone in the long run, But support those who get hurt now by paying them with the money of the winners. Not paid to keep doing what they are doing and resist change, but paid to go along with it.
I'm glad he brought up the safety net and how it needs to be strengthened. There also needs to be a shift in spending, there's been a massive increase in spending on the elderly with no commensurate increase in spending on the young. We now spend way more on the elderly than the young per person, And that's pretty backwards honestly when you consider one of them is the future and incredibly valuable to the rest of society and the other is the past and not economically useful anymore. Obviously we don't want the elderly to suffer but there's a huge gap between suffering and living how they're living as a whole. I think it's ridiculous that we don't expect the elderly who are living on nothing but social security with no private savings to live lives any more extravagant than a broke college student. They should be living in big compounds with multiple roommates. I say compounds because of the idea of delivering services such as medical services with economies of scale. And ideally these large communities of seniors don't live on the most valuable land near the jobs, But they can live in satellite communities so that the more valuable urban land is available for young families who are economically productive.