I'm not sure how we do this, but our current economic system is garbage. As the saying goes, the other systems we've tried may have been worse, but that doesn't make this system good.
A significant portion of the world population works themselves to the bone while barely scraping by. This is not the mark of a successful civilization. It's gross.
Maybe as a start, we put limits on the ratio of executive compensation to the lowest paid jobs in a company. And require that a significant percentage of profits be distributed to employees rather than shareholders.
Yes, that will slow economic growth. But even as someone reasonably well off, who depends on investments for his future, that seems much more fair than what we're doing now.
A significant portion of the world population works themselves to the bone while barely scraping by. This is not the mark of a successful civilization. It's gross.
Maybe as a start, we put limits on the ratio of executive compensation to the lowest paid jobs in a company. And require that a significant percentage of profits be distributed to employees rather than shareholders.
Yes, that will slow economic growth. But even as someone reasonably well off, who depends on investments for his future, that seems much more fair than what we're doing now.