Taxing wealth instead of work is touted as an important part of the solution to the wealth gap, but I’m curious which other solutions have been proposed or attempted and have succeeded or failed.
Taxing wealth instead of work is touted as an important part of the solution to the wealth gap, but I’m curious which other solutions have been proposed or attempted and have succeeded or failed.
Direct government support for and Incentivization of worker Co-ops across the supply chain, and specifically for digital infrastructure.
Worker owned and run businesses distribute wealth to the working class directly, and digital infrastructure like datacenters and fiber optic networks which yield strong ongoing revenue in exchange for intensive uo-front work on planning and cinstruction followed by ongoing preventative maintenance are an ideal target for co-oping if a lender would specifically support it. The lender of choice could easily be a government agency, with ag loans, innovation loans, and the SBA in the US all as examples of how this can work.
Similarly alternative energy supply chain can and should be co-op, not just as consumer co-ops like there are in rural power utilities, but worker co-ops as construction and maintenance contractors for the solar and wind fields and power grids, as well as the hardware manufacturing facilities.
Direct revenue-driven worker ownership is the surest way to increase economic equality, as direct share of revenue and worker-member units are resistant to the speculative value manipulation that drives most wealth accumulation at the top in the “public/private” corporation model of neoliberal capitalism.