With Liberty and Dividends for All: How to Save Our Middle Class When Jobs Don't Pay Enough

With Liberty and Dividends for All: How to Save Our Middle Class When Jobs Don't Pay Enough
ISBN-10
1626562164
ISBN-13
9781626562165
Category
Social Science
Pages
192
Language
English
Published
2014-08-04
Publisher
Berrett-Koehler Publishers
Author
Peter Barnes

Description

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.

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