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George Elder's avatar

This is right on. What we need is a New Deal to get rid of the Reagan era oligarchy.

We need:

Steep progressive taxation (top rates >90%)

Strong unions

Public housing

Universal education

Social insurance

Financial regulation

Capital controls with Universal Basic Income. (Good old Andrew Yang ran on this and we need it now more than ever.)

As you state we need mandatory redistribution enforced by law.

Shared prosperity followed elite constraint—not elite freedom.

Sherri Gabbert's avatar

Very informative and empowering. Right libertarianism is a Trojan horse full of billionaires. I greatly enjoyed your article and would like to support you, but lack resources for full time support. Would you be willing to look into "buying me a coffee" as a way to contribute for those of us who can't contribute all the time? I would certainly buy you that coffee!

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