The despicable inequality and cruel egalitarianism of wealth: towards a draft wealth tax to fund a basic income

The despicable inequality and cruel egalitarianism of wealth: towards a draft wealth tax to fund a basic income

Part 3 of a series. To those who have, more shall be given. Cities get more investment. From those who have little, more shall be taken. Small towns are finding that they are excluded from the excitement happening everywhere else and little investment goes their way.

The idea of capitalism – that goods should bear market prices, that justly acquired property is yours, and exchange between willing participants be free of encumbrances – is everywhere under threat.

There is, however, little policy difference between the extreme-left and extreme-right populist response. Both demand a remarkably statist approach to government, and both are […]

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