Introduction
I was listening to Elizabeth Warren (who is admirable) discuss the current failings of capitalism, to wit, trickle down doesn’t work and progressive taxation is a no-brainer, and I had just finished reading something about the economic boom that followed WW2, and I decided that the correct course for the future was not being sold sufficiently persuasively in the world’s largest economy – the US. If you only focus on regulation and taxation their right goes bat-shit insane and the whole discussion founders. Now eventually the crisis will become big enough that the noise of the far right will be drowned out but how much damage will have happened by then? What if more effort was put into persuading them now?
There are aspects of the necessary policy that can be phrased more palatably for the right. Cynically one could say that you just have to make clear that this is a huge opportunity for capitalists to keep their hands on the reins. Well, to some extent this is true. I think we are seeing the capitalists of the future right now. Elon Musk of SpaceX and Tesla is a perfect example of of the current acceptable face of capitalism.
Continue reading The solution to the next 100 years where everybody wins