Social Policy as Social Infrastructure (tags)
Work and income must be uncoupled. In Germany, thanks to higher productivity and information technology, 30% more was produced from 1970-2010 with 30% fewer workers. Demonizing China will not resuscitate the Rust Belt. Social policy is crucial.
Housing as Infrastructure (tags)
Housing as a human right is sometimes superseded by the right of speculation. Low-Income Housing Tax Credits (a Federal program), non-profit or cooperative housing and SROs (single room occupancy) are solutions to the housing crisis.
Casino Capitalism and Profit Maximization (tags)
“The state is consciously weakened to speed up the redistribution from bottom to top because that corresponds to the dogmas of the neoliberal ideology.” Our state was systematically weakened in the last 15 years by extensive tax cuts. I remember the lowering of the top income tax rate.
With PPP, Public Treasuries are Plundered (tags)
According to the neoliberal myth, higher profits lead to increased investments and more jobs. In truth, investments have declined in this decade. Corporations used their profits to speculate on foreign currencies and buy back their own stock. Crises are chances to rethink private and public.