Monday, December 29, 2014

Policies to change the money going to the wealthiest

http://www.truth-out.org/opinion/item/28242-new-year-s-resolutions-ten-ways-to-combat-upward-redistribution-of-income

The big gainers in the last three decades (a.k.a. the 1%) like to pretend that their good fortune was simply the result of the natural workings of the market. This backdrop largely limits political debate in Washington. The main difference is that the conservatives want to keep all the money for themselves, while the liberals are willing to toss a few crumbs to the rest of the country in the form of food stamps, health care insurance, and other transfers.
While the crumbs are helpful, the serious among us have to be thinking about the unrigging of the economy so that all the money doesn't flow upward in the first place. Here are 10 ways in which we should be looking to change the structure of the market in 2015, so that all the money doesn't flow to the 1%.
In all of these areas changes will be difficult, since the 1% will use their wealth and power to ensure that the rules are not rewritten to benefit the bulk of the country. However this list should provide a useful set of market friendly policies that will both lead to more equality and more growth.

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