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A simple solution – various blurbs
A simple solution to rising inequality Peter Barnes argues that because of globalization, automation, and winner-take-all capitalism, there won’t be enough high-paying jobs to sustain a large middle...
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FIX THE SYSTEM, NOT THE SYMPTOMS
AMERICANS aren’t in the habit of thinking, much less acting, systemically; we prefer breaking problems into pieces. But wealth distribution (or more precisely, wealth maldistribution) is a...
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POTENTIAL REVENUE SOURCES
THE QUESTIONS I address here are: (1) Is there enough co-owned wealth that we can plausibly charge for to pay meaningful dividends to everyone? (2) If so, what might some major revenue sources be? To...
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DIVIDENDS AND CLIMATE CHANGE
IT’S OBVIOUS how co-owned wealth dividends would benefit the middle class, but not so obvious how they’d affect climate change. However, the effect would be considerable—and beneficial. Charging for...
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Non-Labor Income
Non-Labor Income is a necessary supplement to labor income… Broadly speaking, capitalism creates two kinds of income. One is derived from physical or mental labor, the other from ownership of property...
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Why dividends?
Dividends are periodic payments made by corporations, mutual funds or trusts to their shareholders or beneficiaries. Such payments vary from time to time, depending on the earnings of the payers, but...
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FROM PIKETTY TO DIVIDENDS
THE FRENCH ECONOMIST Thomas Piketty’s new 700-page book, Capital in the Twenty-first Century, has become a surprise best-seller and subject of much praiseworthy comment. Reviewers have called it...
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LESSONS OF SOCIAL INSURANCE
DIVIDENDS FOR ALL can be to the twenty-first century what social insurance was to the twentieth — a major contributor to economic security for our middle class. So it’s worth understanding how social...
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THE ALASKA MODEL
FOR MORE THAN thirty years, all residents of Alaska have been receiving yearly dividends from an entity called the Alaska Permanent Fund. These dividends have ranged from about $1,000 per person per...
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THOMAS PAINE’S EXCELLENT IDEA
THE IDEA of paying equal dividends to all isn’t new. It was first proposed in 1797 by the American patriot Thomas Paine. Paine is most famous for Common Sense, the best-selling pamphlet that inspired...
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