Seeking truth through diverse,openminded expression,explaining america to the world
Saturday, July 22, 2017
Rendering Unto Caesar
THE ONLY WAY to solve our economic problems, nationally and globally, is to redistribute the wealth, in one way or another, to some extent or other. The top one percent worldwide is wealthy disproportionate to their actual contributions to society. We must empower the impoverished masses with money. Expand the consumer base. Stimulate demand, grow the economy. Jesus had the right idea. Render unto Caesar, give unto the poor. Just ask Warren Buffet, who said "There has always been class war. My class won." This extreme concentration of wealth is detrimental to everyone, including the wealthy themselves, who suffer from the ill effects economic injustice has on humanity. And its getting worse, as cartels and combinations grow larger, soaking up more of the world's wealth. Looking at the United States between 1945 and 1980, there were high taxes on the wealthy, shared prosperity, a vibrant economy, and good economic times for most, if not all. Then came Reagan, low taxes on the wealthy, inequality, prosperous times for the wealthy, but sustained economic decline overall, particularly for the poor working class, whose income failed to increase for decades. In Denmark, capitalism does just fine, both corporations and small businesses. Taxes are high for everybody, and everybody has health care. College is free. Janitors, Lawyers, and doctors live in the same neighborhood, with roughly equal standards of living. Corporate CEOs in Denmark make much more money than entry level workers, but the difference isn't grotesque, as it is in American companies. Oh, and by the way, Denmark has the highest per capita standard of living in the world, and is therefore, in fact, the world's wealthiest nation. The United States barely cracks the top ten. Maybe Denmark would be a good role model for America. Government and business, labor and management, can work together, for the good of everybody. They need not be enemies, or be seen as enemies. Planning and cooperation are not necessarily evil, and can often work exceptionally well together.
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