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 o...
This blog is a quick read about concerns, whether local or international, facing union and non-union workers.