03-11-2021, 10:45 AM
(03-10-2021, 05:42 PM)Einzige Wrote:(03-10-2021, 04:56 PM)David Horn Wrote:(03-10-2021, 04:24 PM)Einzige Wrote: It is not simply the division of wealth, but a matter of producing wealth as wealth.
The simplest solution: raise corporate taxes, then require they be paid in stock. Place the stock in a Sovereign Wealth Fund managed by an independent entity (the Fed is a good example of such an entity), which would funnel profits and dividends into the a public distribution channel. Over time, the Fund will own it all, and you have a synthetic version of your Marxist dream.
Marxism is not mere "worker ownership of the means of production", though it has been vulgarized as such. It calls for nothing less than the abolition of commodity production for exchange and the elimination of exchange value. This does not solve that issue.
Making the perfect the enemy of the good merely guarantees neither will happen.
Intelligence is not knowledge and knowledge is not wisdom, but they all play well together.