Two things that America is almost certainly going to get if we're going to continue as a functional, first-rate economy: 1. Government health care 2. Higher taxes on the rich I don't know exactly *how* these will be implemented, but in some form I think they will be.
-
Show this thread
-
Two things that America also really needs but might *not* end up getting: 1. A system for increasing labor's share of income relative to profits 2. A program for housing affordability and redistribution of land rents
10 replies 31 retweets 231 likesShow this thread -
The reason I think we might not get a system for increasing labor's share of income relative to profits is that American workers have gone a long time without unions, and so might not understand the potential of collective bargaining, co-determination, etc.
14 replies 18 retweets 116 likesShow this thread -
And the reason I think we might not get a program for affordable housing and the redistribution of land rents is the massive political power of homeowners and landowners, as well as middle-class people's desire to exclude poor people from their communities.
5 replies 16 retweets 114 likesShow this thread -
The reason Elizabeth Warren is my favorite of the current presidential candidates is that, while they all want government health insurance and higher taxes on the rich, Warren also has plans for the important things we might not otherwise get - wages and housing.
5 replies 27 retweets 181 likesShow this thread -
Warren's plan for wages is co-determination:https://www.bloomberg.com/opinion/articles/2018-08-29/imagine-if-shareholders-didn-t-come-first …
8 replies 61 retweets 198 likesShow this thread -
And Warren's plan for housing includes a bunch of good stuff:https://www.theatlantic.com/politics/archive/2018/09/elizabeth-warrens-fix-americas-housing-crisis/571210/ …
4 replies 16 retweets 116 likesShow this thread -
If the current leftward shift in American politics ends only with government health insurance and higher taxes, it will be an incomplete victory. But in order for wages and housing not to get left behind, we'll need people who remember the importance of those things. (end)
12 replies 13 retweets 138 likesShow this thread -
Replying to @Noahpinion
1/ Redistribution of land rents is weird is when you look at how people are dealing with housing shortages in real life. Largely, they're just increasing density through back door means. Youngs living with their parents, old living with their kids...
1 reply 0 retweets 0 likes
2/ ... renting rooms in single family homes, etc. Much of that would be unnecessary if we stopped zoning so many of our neighborhoods for some ideal single family lifestyle. Redistribute all you want. If you don't change that, there will never be enough decent affordable housing
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.