On October 3, 2016, Paul Buchheit writes on Nation Of Change:
There are at least three major American failures that are too entrenched in our society to undergo change with anything less than an FDR-type effort.
Corporations Continue to Ignore Their Responsibility to Education …
The Rich Lack Incentive to Help Others: They Believe an “Invisible Hand” Will Do It…
Too Many Americans Think They’re “Exceptional”…
One Way to Help America
Inequality has ripped us apart, not only economically, but also emotionally, as people further removed from the lives of others tend to distrust each other. Tragically, it may take a war or a natural disaster to reverse that.
But there’s another way, and it’s becoming increasingly important with the technological takeover of middle class jobs. We need a guaranteed income. It’s the one way we could immediately instill a degree of equality in America, while restoring some of the missing trust in each other. The new President would probably have to institute a financial transaction tax. He or she would have to create jobs in alternative energy infrastructure. It’s unlikely, but it’s doable. It may be the only way to help America.
A guaranteed income is a socialist solution, which destroys the principle of the natural law of individuals owning private property as it require redistributing wealth (taking from those who have and giving to those who do not have or who are determined to not have enough by the State). The solution is to make EVERY child, woman and man productive by OWNING the FUTURE product of technological invention and innovation, wealth-creating, income-producing capital assets (machines, robotics, computerization, automation, etc.)
Economist Robert Reich recently asked a similar question in a new video: What should we do when robots take most jobs? (It will happen sooner than you think.) Watch his new video to find out. Robert Reich’s as well as this author’s problem is they completely ignore that the non-human (the “machines”) means of production OWNED by individuals, singularly or in association with others (as in a public corporation), earn income from the productive input the “machines” contribute to the production of products and services. This is the REAL reason the wealthy are wealthy, because they OWN the means of production. But Reich or Buchheit (as in previous articles) NEVER advocate for broadening individual productive capital asset OWNERSHIP and instead advocate for “redistribution” schemes such as a universal basic income, which destroys the natural right to property and essentially creates dependency on politicians and the State for redistributing income derived from taxes on those who are productive through employment and/or the “machines” (capital assets) they OWN. The universal basic income would not abate productive private individual property (capital asset) OWNERSHIP, which would continue to further concentrates among the already wealthy OWNERSHIP class and their heirs.
For effective alternative solutions that protect the natural right to property and creates NEW OWNERS simultaneously with the growth of the economy see the Agenda of The Just Third Way Movement at http://foreconomicjustice.org/?p=5797, http://www.cesj.org/resources/articles-index/the-just-third-way-basic-principles-of-economic-and-social-justice-by-norman-g-kurland/, http://www.cesj.org/wp-content/uploads/2014/02/jtw-graphicoverview-2013.pdf and http://www.cesj.org/resources/articles-index/the-just-third-way-a-new-vision-for-providing-hope-justice-and-economic-empowerment/.
Support Monetary Justice at http://capitalhomestead.org/page/monetary-justice.
Support the Capital Homestead Act (aka Economic Democracy Act) at http://www.cesj.org/learn/capital-homesteading/, http://www.cesj.org/learn/capital-homesteading/capital-homestead-act-a-plan-for-getting-ownership-income-and-power-to-every-citizen/, http://www.cesj.org/learn/capital-homesteading/capital-homestead-act-summary/ and http://www.cesj.org/learn/capital-homesteading/ch-vehicles/.
