With Liberty and Dividends for All
How to Save Our Middle Class When Jobs Don't Pay Enough
Nonfiction, Social & Cultural Studies, Social Science, Social Work, Political Science, Government, Social Policy, Politics, Economic Policy
| Author: | Peter Barnes | ISBN: | 9781626562165 |
| Publisher: | Berrett-Koehler Publishers | Publication: | August 4, 2014 |
| Imprint: | Berrett-Koehler Publishers | Language: | English |
| Author: | Peter Barnes |
| ISBN: | 9781626562165 |
| Publisher: | Berrett-Koehler Publishers |
| Publication: | August 4, 2014 |
| Imprint: | Berrett-Koehler Publishers |
| Language: | English |
Peter Barnes argues that because of globalization, automation, and winner-take-all capitalism, there won’t be enough high-paying jobs to sustain America’s middle class in the future. Therefore, to survive economically, our middle class needs—and deserves—a supplementary source of nonlabor income. To meet this need, Barnes proposes to give every American a share of the wealth we own together— starting with our air and financial infrastructure. These shares would pay dividends of several thousand dollars per year—money that wouldn’t be welfare or wealth redistribution but legitimate property income.
Peter Barnes argues that because of globalization, automation, and winner-take-all capitalism, there won’t be enough high-paying jobs to sustain America’s middle class in the future. Therefore, to survive economically, our middle class needs—and deserves—a supplementary source of nonlabor income. To meet this need, Barnes proposes to give every American a share of the wealth we own together— starting with our air and financial infrastructure. These shares would pay dividends of several thousand dollars per year—money that wouldn’t be welfare or wealth redistribution but legitimate property income.
