There are more alternatives to the status quo than most people realize. There are many ideas percolating out there, aiming to bring more equality and opportunity to average folks. One such idea is to use common wealth (wealth that belongs to all of us) and spread it around to all people rather than funneling it straight up to the wealthy aristocrats. Thomas Paine advocated for something like this, and here in Alaska, we have one such form of “pre-distribution” of income at work. The Permanent Dividend Fund is universally valued and appreciated.

“There’s nothing in this that would run counter to conservative principles and the notion of property rights. There’s no tax increases. There’s no increase in government bureaucracy. There’s no redistribution…I prefer to think of what this system would be as a kind of predistribution. In other words, the government isn’t taking money from anybody, but it’s assuring that income is distributed more fairly in the first place.” – Peter Barnes via Finally, A Simple Plan That Can Reverse Inequality and Save America’s Sinking Middle-Class | Alternet. Barnes has a new book out, With Liberty and Dividends for All.

One thought on “Finally, A Simple Plan That Can Reverse Inequality and Save America’s Sinking Middle-Class | Alternet

  1. Something to think about! Alaska’s method of sharing the profits from their oil industry should be studied and applied in other places.

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