2016 Postmortem
In reply to the discussion: Redistributing Wealth [View all]PufPuf23
(9,513 posts)had income for basic needs and some discretionary spending would have resulted in even greater wealth generation.
There would be more consumer demand and a multiplier effect from the spending.
Natural resources would be better allocated.
Common folks would live better and wealthy folks would build less monuments to their vanity, have less homes, and a smaller paper fortune.
I support a guaranteed minimum income plus health care, childcare, and education as civil rights.
The idea of "full employment" is antiquated because of technology and other efficiencies.
Technology and other efficiencies have served to concentrate wealth upwards rather than create security and leisure time for the common people.
Service jobs do not pay well enough to provide the basic needs and common wants available and potentially available to all.
FDR had it correct with his 2nd Bill of Rights.
As long as neo-liberal politics and economics prevail, we will not move towards but rather away from these goals.
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