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>We don't talk about the real solution because none of the person that want to "take more from the rich and give more to the poor" proposes one. That's just a
by crdoconnor 10y ago
>We don't talk about the real solution because none of the person that want to "take more from the rich and give more to the poor" proposes one.
That's just a lie. I could reel off about 20 or 30, many of which were the centerpiece of a presidential campaign.
* Raise minimum wage.
* Implement 100% LVT.
* Water down intellectual property laws.
* Water down laws that attack unions (e.g. 'right' to work).
* Strengthen laws that allow unions to organize.
* Remove carried interest rule.
* Implement a job guarantee.
* Make trade deals with other countries contingent on ^^^ this stuff happening in those countries too.
Unfortunately, left economists who can make a case for policies like this are consistently shouted down by the 'respectable' economists who predict austerity will cause growth 7 years in a row (any day now!) and catastrophic job losses will be the only result of raising the minimum wage. Those who make being usefully wrong a profession, in other words.
>Courtesy of being born in a Communist country, I had to learn Karl Marx and such in middle school. And almost every single statement on this comment chain reads like my term exam questions (I'm not being facetious here). He has a whole chapter on general formula of capital, and another one on rent seeking behavior. It's all good idea ... until you actually try to implement it and the resulting government is nuts.
98% of his writings were a critique of capitalism. He didn't provide a detailed description of how to implement anything.
Of course, some dictators used his writings as a pretext to seize power and implement fairly bog standard authoritarian regimes and guilt by association works wonders on the feeble minded, so there's that
- NhanH 10y ago> 98% of his writings were a critique of capitalism. He didn't provide a detailed description of how to implement anything. Yeah that's exactly my point. The issue is when we try to turn all those seemingly "good" things into practice, we couldn't figure out how. Let me pick the one that I disagree the most in your list: > Implement a job guarantee How would you do that?
- crdoconnor 10y ago>Yeah that's exactly my point. The issue is when we try to turn all those seemingly "good" things into practice, we couldn't figure out how. He wrote a critique of capitalism Das Kapital was not a list of seemingly good thing that could be turned into practice. The fact that other people read the book and did misguided or horrible things is no reflection on what he wrote. >>>Let me pick the one that I disagree the most in your list: >>Implement a job guarantee >How would you do that? https://en.wikipedia.org/wiki/Public_Works_Administration https://en.wikipedia.org/wiki/Public_Works_Administration https://en.wikipedia.org/wiki/Works_Progress_Administration https://en.wikipedia.org/wiki/Works_Progress_Administration If you think the Lincoln Tunnel was a waste of money and you think that the private sector overproducing shoddy McMansions where nobody wants to live in 2007 was a great thing then you probably wouldn't be a fan.