Forget Socialism versus Capitalism. Here’s the Real Debate We Should Be Having(barrons.com)
barrons.com
Forget Socialism versus Capitalism. Here’s the Real Debate We Should Be Having
https://www.barrons.com/articles/forget-socialism-versus-capitalism-heres-the-real-debate-we-should-be-having-51550835040
4 comments
I can't help but think about the decline of the church and the role that it played in supporting morality and social cohesion. Obviously the church is not the only or even the primary source thereof, but in America it was a very prominent source.
"with rising economic inequality, declining social mobility, and accelerating climate change."
I'm always puzzled when someones wishes the US were more of a socialist country.
You really do have more economic inequality in socialist countries. The top wage earners (and at some point, all wage earners) are taxed at much a higher rate, which reduces overall wages.
We should be funding education programs to help people gain the skills to get out of poverty. Not giving them a handout, which is only temporary.
Climate change will only be solved with better technology, which if history is any example, will come from the private sector.
"So policies that are meant to encourage civic-minded use (car pooling) of a public resource (roads) are instead turned into a fee-for-service opportunity for well-to-do commuters to get to work faster"
I think this is a great idea. If you want to get to your destination faster, you pay for it. In a sense, it's a usage tax.
I'm always puzzled when someones wishes the US were more of a socialist country.
You really do have more economic inequality in socialist countries. The top wage earners (and at some point, all wage earners) are taxed at much a higher rate, which reduces overall wages.
We should be funding education programs to help people gain the skills to get out of poverty. Not giving them a handout, which is only temporary.
Climate change will only be solved with better technology, which if history is any example, will come from the private sector.
"So policies that are meant to encourage civic-minded use (car pooling) of a public resource (roads) are instead turned into a fee-for-service opportunity for well-to-do commuters to get to work faster"
I think this is a great idea. If you want to get to your destination faster, you pay for it. In a sense, it's a usage tax.
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