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Why Capitalists Need CommunistsRedistribution

Why Capitalists Need Communists: Redistribution [The causes of inequality that we can actually deal with include: the decline in demand for mid-level skills (discussed in Chapter 7), the increased importance of intellectual property, political decisions, and immorality in the business world. There is a strong case for changing copyright law, given automation, so that funds are diverted to pay a universal basic income. This will encourage people to work for four days rather than five days a week; social institutions can also help people value their leisure time and so choose to work less. Redistribution is also needed to pay for ever more expensive public services and to pay for climate change mitigation, and the chapter includes a discussion of the mechanisms that will make this politically acceptable. It ends with a summary of how the ideas about flourishing set out in Chapter 3 can guide the planning described in Chapter 7 and help provide legitimacy for the redistribution described in this chapter.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

Why Capitalists Need CommunistsRedistribution

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Publisher
Springer International Publishing
Copyright
© The Editor(s) (if applicable) and The Author(s) 2019. The author has asserted his right(s) to be identified as the author of this work.
ISBN
978-3-319-98754-5
Pages
147 –168
DOI
10.1007/978-3-319-98755-2_8
Publisher site
See Chapter on Publisher Site

Abstract

[The causes of inequality that we can actually deal with include: the decline in demand for mid-level skills (discussed in Chapter 7), the increased importance of intellectual property, political decisions, and immorality in the business world. There is a strong case for changing copyright law, given automation, so that funds are diverted to pay a universal basic income. This will encourage people to work for four days rather than five days a week; social institutions can also help people value their leisure time and so choose to work less. Redistribution is also needed to pay for ever more expensive public services and to pay for climate change mitigation, and the chapter includes a discussion of the mechanisms that will make this politically acceptable. It ends with a summary of how the ideas about flourishing set out in Chapter 3 can guide the planning described in Chapter 7 and help provide legitimacy for the redistribution described in this chapter.]

Published: Feb 15, 2019

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