Pretty shocking numbers if wealth being hoovered up.Note that the UBI is supposed to address the effects of inequality — but won't. The obvious way to do this is to preempt economic rent extraction and mop up the residual by taxing it away. But that would require a shift in political power relations.Occasional Links & CommentaryInequality in the United States—pandemic edition David F. Ruccio | Professor of Economics, University of Notre DameSee alsoCounterpunchTrump’s Destruction of America Started With ReaganThom Hartmann
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Robert Vienneau writes Austrian Capital Theory And Triple-Switching In The Corn-Tractor Model
Mike Norman writes The Accursed Tariffs — NeilW
Mike Norman writes IRS has agreed to share migrants’ tax information with ICE
Mike Norman writes Trump’s “Liberation Day”: Another PR Gag, or Global Reorientation Turning Point? — Simplicius
Pretty shocking numbers if wealth being hoovered up.
Note that the UBI is supposed to address the effects of inequality — but won't. The obvious way to do this is to preempt economic rent extraction and mop up the residual by taxing it away. But that would require a shift in political power relations.
Occasional Links & Commentary
Inequality in the United States—pandemic edition
David F. Ruccio | Professor of Economics, University of Notre Dame
See also
Counterpunch
Trump’s Destruction of America Started With Reagan
Thom Hartmann