@jonoabroad @Stoat @ryanhoulihan So… janitors and brain surgeons should get paid the same?
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MKW (mkw@mstdn.social)'s status on Saturday, 04-Nov-2023 09:02:02 JST MKW -
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MKW (mkw@mstdn.social)'s status on Saturday, 04-Nov-2023 07:29:28 JST MKW @Stoat @jonoabroad @ryanhoulihan I’m a firm believer in progressive, regulated capitalism. Think the US in the 50s and 60s. BTW, the top tax rate back then was as high as 94%. We need that kind of rate today.
The give-everything-to-the-rich bullshit we have now is unsustainable and fucking-up everything from the climate to housing to the media.
What kind of system would you prefer? -
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MKW (mkw@mstdn.social)'s status on Saturday, 04-Nov-2023 07:06:42 JST MKW @Stoat @ryanhoulihan @jonoabroad lol, no.
Inequality as a record-lows in the late 70s. IMO, that’s why interest rates were so high and stock prices were so low. Rich people provide investment capital.
By the late 80s, inequality was in the sweet spot. Since then, it’s gone crazy. -
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MKW (mkw@mstdn.social)'s status on Saturday, 04-Nov-2023 05:49:28 JST MKW @ryanhoulihan @jonoabroad Well, there was a brief period in the early 80s when their policies worked. That’s all I can think of…
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MKW (mkw@mstdn.social)'s status on Saturday, 04-Nov-2023 05:49:26 JST MKW @Stoat @ryanhoulihan @jonoabroad I said “early 80s”—when inequality went from too low to healthy. Since then, I agree, it’s been a disaster!