The social state is the future and isn’t “Bolshevism”! The state should fulfill the public interest and fight poverty
Trickle-down neoliberal economic theory is rife with lies and myths and leads to exploding inequality and precarious labor
Around 1980, wages and productivity began to diverge and workers relied on credits to survive the time of outsourcing and downsizing
Once 90% of investment was productive and 10% was speculative. Now that is reversed. States and communities suffer from revenue shortfalls. In the 1960s, 40% of Federal revenue came from corporations. In 2016, that fell to 8%
Markets are not self-healing or intrinsically ethical.
Financial markets aren’t efficient and are kept alive by injections of taxpayer money.
Corporations are kept alive by stock-buybacks and profit-shifting to tax havens
Fair tax policy must involve closing tax havens and ending tax competition.
Imagine a future with reduced working hours, respecting the rights of nature, exchanging roles, expanding the public sector and shriveling the financial sector!
Imagine a country without Wall Street and the Pentagon!
more at www.citizen.org, www.openculture.com, www.grin.com, www.truth-out.org, www.commondreams.org, www.onthecommons.org, and www.therealnews.com