I am pretty sure than between the current model that is slowly but inexorably going towards: “2 kinds of people in the world: trillionaires and people depending on trillionaire’s charity to survive”, and the model decribed above, we can find a middle ground.
Not so long ago, the ratio between CEOs pay and median worker pay was 20. Today it’s 280. There were successful and motivated CEO at the time.
The US had a period during which the highest tax bracket was 90%. There were CEO, there were rich folks and there were entrepreneurs.
Enough with all the “impossible”. The current situation is the anomaly. The current situation is the not sustainable approach. It’s not just the US, neo-liberalism has spread over the decades with the very very very exact same results absolutely everywhere it was tried:
-impoverished population overall
-reduction of services to the population
-increased public deficit
-ultra-rich getting immensely richer
Either we keep saying “it’s complicated” and keep course. Its end is already known: a collapse of the economy on itself: there is not enough people left making a decent enough living to buy what is produced, and everything belong to the ultra-rich.
Or we change course. It’s almost a matter of survival for the poor.
I am pretty sure than between the current model that is slowly but inexorably going towards: “2 kinds of people in the world: trillionaires and people depending on trillionaire’s charity to survive”, and the model decribed above, we can find a middle ground.
Not so long ago, the ratio between CEOs pay and median worker pay was 20. Today it’s 280. There were successful and motivated CEO at the time.
The US had a period during which the highest tax bracket was 90%. There were CEO, there were rich folks and there were entrepreneurs.
Enough with all the “impossible”. The current situation is the anomaly. The current situation is the not sustainable approach. It’s not just the US, neo-liberalism has spread over the decades with the very very very exact same results absolutely everywhere it was tried:
-impoverished population overall -reduction of services to the population -increased public deficit -ultra-rich getting immensely richer
Either we keep saying “it’s complicated” and keep course. Its end is already known: a collapse of the economy on itself: there is not enough people left making a decent enough living to buy what is produced, and everything belong to the ultra-rich.
Or we change course. It’s almost a matter of survival for the poor.
I agree! I’m only saying that often the “simple solutions” aren’t really solutions when you stop for a moment to really think about the consequences.