Why should the top 1 percent get their income from no labor and everyone else should toil like wage slaves to hopefully make ends meet?
Capitalism creates two kinds of income. One is derived from physical or mental labor; the other is from ownership of property rights. At this time the what’s left of the middle class gets nearly all of it’s income from labor. Counting Social Security and pensions as deferred wages and salaries. The top 1 percent gets their income from capital gains, dividends and property income, which is also taxed at lower rates than labor income.
So to even this up, there should be a way for the wage slaves to reap some non-labor income to offset the inequality of labor and wages. This should be a birth right for everyone. Everyone should get dividends from charging rent for our Commons, by those profiting off our ecosystems, sciences, technologies, legal system, roads, oil reserves, minerals, and more. These Commons are co-owned by everyone at birth, and paid out as stock dividends, as they do in Alaska for the oil, and a county in Oregon is doing with wind farms. Vermont is considering doing this.
Norway has corporations pay into an account and the money is used to fund its government thereby paying for free healthcare and other social programs.
This is not a new concept. Thomas Paine, 1737-1809, wrote a books on the notion of paying people for using our Commons. His books are: Common Sense, The American Crisis, The Rights of Man, The Age of Reason, and Agrarian Justice, which is about property rights and not agriculture.
Paine wrote that there are two kinds of property. First, natural property, or that which comes to us from the creator of the universe, such as the earth, air and water. Secondly, artificial or acquired property, such as the inventions of man. The latter kind of property must necessarily be distributed unequally, but the first kind rightfully belongs to everyone equally. Paine thought it was the legitimate birthright of every man and woman, not a charity, but a right.
The world is running out of labor jobs so we must look at some kind of a mix of labor wages and non-labor wages if we expect the capitalist system to not disappear as we know it today.
In 2012 more than a quarter of all political contributions came from just 30,000 people who represented the 1 percent of the 1 percent, 90 percent who spent the most won. Today, we are an experiment in either a democracy, which started in 1787 or an oligarchy, which is winning. The nonunion people, like Trump and Musk, have most all the tools in their pockets to destroy our unions. They have money, they have the courts, they have law enforcement, they have the media, and 50 percent of workers that don’t know this don’t know the history of the working class people. This is the perfect storm to lose all the gains workers have made whether they’re union or not, even our Social Security and Medicare, and the Affordable Care Act. So, now we will have to go way back to the late 1920s and ‘30s and dig up the old labor party books. One book, written in 1964, has the information, The Rebel Voices, an IWW Anthology by Joyce L. Kornbluh, educator, activist, and advocate. The history of our labor...
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