Curious what you make of these suggestions from economist Dan Kervick?
Dan Kervick said…
Left Progressive Agenda:
- Single payer health care.
- The Rebuild America Act or its equivalent: a $1 trillion+ infrastructure and national redevelopment program.
- Implementation of Keynes’s “somewhat comprehensive socialization of investment.”
4.Combination of higher marginal income tax rates, capital gains taxes & related salary and compensation caps to create 10/1 maximum income differential ratio.
- Elimination of defined contribution plans, with expansion of social security into a universal and fully adequate national pension program.
- Socialization of post-secondary education.
- Creation of a sovereign wealth fund.
- Use of wealth & inheritance taxes to carry out broad based wealth redistribution and capital reform.
- Restoration of the government gross investment share of GDP to 1950s/60’s levels.
- Communities first: Use of industrial policy and a public sector jobs program to channel new capital & jobs to communities suffering capitalist dislocations due to trade and innovation.
- A public option in banking including post office banks.
- Movement toward a global capital registry, organized under international law.
- Use of the global capital registry to restrict and eliminate capital flight, tax havens, income shelters, etc.
- Supply side “stick” policies: tax penalties for excessive extraction of firm wealth as shareholder income, thus incentivizing re-investment and returns to labor.
- Expansion of ongoing adult education opportunities, including mandated periodic employer-granted sabbaticals across the adult lifespan.
- An education policy geared toward the amelioration and elimination of class divisions.
- Share our work: distribution of whatever amount of work we need to do as a nation as evenly as is practicable across the population.
- Reduce commercial pollution: endeavor to expand the reach and scope of cultural and social interaction spaces that are free of commercial communication.
- Reduce the size of the financial sector and target a much lower private debt-to-GDP ratio.
- Simplify our lives: reduce the time and needless redundancy and complexity of personal and household financial management.
As opposed to this eventuality…http://www.keeptalkinggreece.com/2016/06/14/imf-germany-to-legalize-slavery-in-greece-with-single-mi
nimum-wage-system/?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+KeepTalkingGr
eece+%28Keep+Talking+Greece%29
