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View Diary: Socialism — what it isn’t (117 comments)

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  •  Here are some specific proposals (3+ / 0-)
    Recommended by:
    84thProblem, DarthMeow504, unfangus

    Here are some proven, sensible liberal ideas.

    1. Give workers a bigger voice in how profits are distributed. A great way to do that is by encouraging union membership. Let me put this bluntly: The government ought to do everything it can to encourage unionization across all economic sectors. A good start would be repealing the Taft-Hartley act, and passing the Employee Free Choice Act.

    2. Use the tax system to discourage out-sized payouts for corporate executives and banksters. This will, all by itself, discourage the obscene paychecks the One Percenters currently award themselves, and would encourage them (through deductions) to do economically beneficial things with the money.

    3. Re-regulate the financial sector. Restore and strengthen the Glass-Steagall Act. Break up the big banks to the point that the insolvency of one won’t threaten the economy. (While I’m at it: impose a retroactive tax of 100 percent on all non-salary compensation of every executive of every financial institution that received federal bailout money. It might not prevail in the ensuing litigation, but it would be amusing to watch them squirm.)

    4. Raise the minimum wage to a living wage, and tie future increases to the rate of productivity growth. This will put subtle upward pressure from below on the wages of other workers.

    The whole problem with the world is that fools and fanatics are always so certain of themselves, but wiser people so full of doubts. -Bertrand Russell

    by mftalbot on Thu Apr 04, 2013 at 05:59:35 PM PDT

    [ Parent ]

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