by 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
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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