http://www.alternet.org/economy/finally-simple-plan-can-reverse-inequality-and-save-americas-sinking-middle-class?akid=12113.294211.orX4iT&rd=1&src=newsletter1015019&t=19
Even though good-paying jobs are in decline, there’s a lot of wealth
in our economy. It produces an enormous amount of wealth. So the
economy, as a whole, is okay, but the money isn’t flowing to labor.
So if we want to have a middle-class we have to take somehow from the
wealth that we actually do have, and spread it around in ways that
aren’t tied to people’s time-clock labor. All right, so what is all that
extra wealth out there that doesn’t come from labor? A lot of it, if
you really start to dig deeper, below the surface, is wealth that is
either stuff that we inherit—like all the gifts of nature; the soil, the
water, the air, the minerals, the trees, etc. Also, a lot of our wealth
comes from stuff that society created—all of our science, knowledge,
techologies, that stuff.
Plus, and here’s the key to it, there’s a lot of social
infrastructure—such as the financial systems, or legal systems, our
copyrights and patent laws. All of these create enormous amounts of
wealth. This is wealth that is not created by individuals, not created
by private corporations, but created by society. So what I’m saying is
that some of that wealth should be shared equally among everybody. And
that would be the basis for supplementing labor income.
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