With Liberty and Dividends for All
Author | : Peter Barnes |
Publisher | : Berrett-Koehler Publishers |
Total Pages | : 192 |
Release | : 2014-08-04 |
ISBN-10 | : 9781626562165 |
ISBN-13 | : 1626562164 |
Rating | : 4/5 (65 Downloads) |
Download or read book With Liberty and Dividends for All written by Peter Barnes and published by Berrett-Koehler Publishers. This book was released on 2014-08-04 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.