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Bring in Robert Reich and Thom Hartman, because the article is yet another piece of low-quality, establishment propaganda aimed at making people feel good about
by foobarcrunch 10y ago
Bring in Robert Reich and Thom Hartman, because the article is yet another piece of low-quality, establishment propaganda aimed at making people feel good about being systematically cheated and glad to incur externalities the rich shift onto everyone else. Furthermore, most new wealth is hyperconcentrating at the very top in a highly unmeritocratic, corrupt fashion, due to advances in technology and the insider-political complex which is able to self-reinforce favorable economic polices at the expense of everyone else, while the middle- and lower-class subsidize the rich with corporate and estate welfare approximately 6x more so than actual welfare. Granted that most jobs and labor can/are being greatly disrupted by technology, people are being freed up to do basically nothing while gains of efficiency aren't being adequately shared to ensure shared survival... there simply isn't enough work to go around any longer while at the same time there is also a massive imbalance in wealth accumulation. I think only a basic guaranteed income, either offered to all citizens voluntarily by the rich or more likely by the state, is one of only a couple of irreducible ways to redistribute money to ensure a minimal standard of living.