Ep. 113: lmao just take all of their money and give it to babies
No more billionaires. Down with Bono. All money now goes directly to babies.
You've heard about inequality--and it's getting worse. 26 people now own as much wealth as the poorest 3.8 billion. What can be done to rectify the gulf between the richest .000000001% and the bottom 50%?
Some say "retirement accounts." We do not know why. Others have a neat idea called "Baby Bonds." Alexandria Ocasio-Cortez is reviving the idea of a high marginal tax rate, which the United States did for a very long time. Others still, say workers should seize the means of production, as history hitherto is the history of class struggle...
All that and more this week in a big episode all about inequality.
R E A D I N G L I S T
Billionaires are policy failures
26 billionaires own as much as 3.8 billion people
Loss of “middle-skilled jobs” in cities
Center for American Progress (JFC NONE OF THESE WOULD REVERSE INEQUALITY)
Marginal Tax Rates
MORE POPULAR THAN TRUMP TAX CUTS [DUH]
Davos Corncobs Are Afraid of AOC.
O W N E R S H I P