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mastodon - Link to source

Best Troll EUW

3 weeks ago

Best Troll EUW
3 weeks ago

"Some leftist economic policies
[...]
This isn't to say we shouldn't tax the rich more. FAFO, especially as macroeconomic policy isnt everything: justice also matters.
[...]
Economic democracy is a way of fighting this. The precise form it will take will vary from organization to organization, but will probably include democratic oversight of industry regulators and more user say in public services."
stumblingandmumbling.typepad.c…

in reply to Best Troll EUW

friendica (DFRN) - Link to source

Nanook

in reply to Best Troll EUW 3 weeks ago

@Best Troll EUW Wish people would learn from history, the Bolsheviks, the Communist "Cultural Revolution", East/West Germany, North/South Korea, but they don't so we're all destined to relive it.

in reply to Best Troll EUW

mastodon - Link to source

Best Troll EUW

in reply to Best Troll EUW 3 weeks ago

"Tax reform and simplification. A radical option here is to increase taxes on land (pdf), perhaps by replacing council tax and business rates with a land value tax; billionaires might be able to leave the country, but they can't take Essex with them."

in reply to Best Troll EUW

mastodon - Link to source

Best Troll EUW

in reply to Best Troll EUW 3 weeks ago

"Stronger competition policy. Competition drives productivity; most efficiency gains come not from incumbent companies upping their game but from inefficient firms leaving (pdf) industries and newer ones entering. Government must facilitate this process by suppressing monopolies and encouraging new entrants. This requires more than aggressive competition policy."

in reply to Best Troll EUW

mastodon - Link to source

Best Troll EUW

in reply to Best Troll EUW 3 weeks ago

"A maximum wage. This is often advocated on the principle of reducing inequality. But it might also create better incentives. If it is set as a multiple of an organization's lowest or median wage, it would incentivize bosses to increase these, thus sharpening incentives to raise productivity rather than merely increase exploitation."

in reply to Best Troll EUW

mastodon - Link to source

Best Troll EUW

in reply to Best Troll EUW 3 weeks ago

"Benefit reform. Yes, we should consider a universal basic income. Even if we don't go that far, however, we could move in the direction by making benefits simpler and less difficult to get (try applying for PIP!) or by letting people keep their benefits for a while when they find work, thus sharpening incentives to do so."

in reply to Best Troll EUW

mastodon - Link to source

Best Troll EUW

in reply to Best Troll EUW 3 weeks ago

"Universal basic services. [...] It consists in expanding the welfare state to include free busses, council housing, phone, broadband, TV licences and some food. This would raise living standards for the worst-off without, they say, much reducing work incentives to the extent that the services are not withdrawn as people move into jobs. "

in reply to Best Troll EUW

friendica (DFRN) - Link to source

Nanook

in reply to Best Troll EUW 3 weeks ago

@Best Troll EUW Policy is no good without enforcement. We have laws on the books, that, if actually enforced would stop a lot of monopolies, specifically the Sherman Anti-Trust Act, but the last time was enforced was the break-up of AT&T which lead to the shit-show of telephone service was have to day, five times the price, 10% of the reliability, and zero security. And by the same token, the DemonRats, specifically Bill Clinton, passed the Telecommunications Act of 1996 which changed broadcasting rules by removing the limit of any one owner not owning more than a total of 12 stations, not more than three of them in any one location, and of those three not more than one AM, one FM, and one TV station, ensuring that there would be competition. This took us from a situation where there were 500 diverse broadcast owners and by contrast opinions represented, to six and they're virtually clones.

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