Own or be Owned ... Every Citizen an Owner!
In recent week there have been numerous excellent articles addressing the scope of problems related to our dependency on job creation as the ONLY source of income. But universally, the authors are oblivious to the non-job-dependent solution. Simply extending jobless benefits once again won't solve the problem of long-term unemployment and underemployment, and the diminishing impact income losses have on the long-term productive capacity of the United States economy.
The common thread…Continue
Posted on December 30, 2013 at 12:40pm
On December 04, 2012, Barack Obama gave the most important speech of his presidency (http://www.whitehouse.gov/the-press-office/2013/12/04/remarks-president-economic-mobility). The topic was the rising level of economic inequality in America, which the President identified as "the defining challenge of our time: making sure our economy works for every working…Continue
Posted on December 23, 2013 at 11:40am — 1 Comment
Swiss citizens have submitted sufficient voter signatures to put an initiative on the ballot that would pay every citizen of Switzerland $2,800 per month, no strings attached. Similar efforts to provide a basic income to country citizens are under way throughout Europe. Even in the United States there is growing talk of establishing an annual Citizens Dividend or Social Credit for Americans as well.
Such schemes are redistributive and must be financed by a tax (open or disguised).…Continue
Posted on December 18, 2013 at 4:57pm
Pope Francis used his first major written work to attack capitalism as a "new tyranny," while urging global leaders to fight poverty and inequality. In a document published Tuesday, November 26, 2013, Pope Francis denounced the “tyranny” of capitalism, "idolatry of money" and "trickle-down" economic policies, as well as consumerism and a financial system which he says rules rather than serves. The Pope urged politicians to guarantee all citizens “dignified work, education and…Continue
Posted on December 18, 2013 at 4:53pm