Thanks, Anand. I am a fan and have been ever since I read Winners Take All shortly after it came out. I would live stream the Tina Brown conversation too, or listen to it later if that could be arranged.
"You'd [rich people] probably be richer [with market humanism]...this is a system which doesn't harm rich people" Hmmm...where have I heard that win-win narrative before? Oh yeah, in this great book I read called Winners Take All :) His response would be that critique was of/within the neoliberal paradigm, and that win-win *is* possible in the market humanism paradigm. What do you think Anand?
The American economy is increasingly divided between those who earn their living and those whose assets generate wealth. This divide is exacerbated by a tax system that favors income from ownership over income from work, allowing the wealthy to accumulate wealth without paying taxes on unrealized gains. As artificial intelligence transforms the economy, it could further deepen inequality by disproportionately benefiting asset owners.
For starters increase the marginal rates on both income & capital...How about a 0.1% tax on capital value >$100 million? Publicly traded billionaire assets can be taxed when market prices establish the gain. Private gains can be taxed when they become measurable and usable—through a sale, transfer, or inheritance.
where is the link for 12:30 meeting? I see links for everything else.
Thanks, Anand. I am a fan and have been ever since I read Winners Take All shortly after it came out. I would live stream the Tina Brown conversation too, or listen to it later if that could be arranged.
I wish yer conversation with Tina would be live streamed.
I'd buy a ticket to that.
Oregon is just a tad too far to get there💞
"You'd [rich people] probably be richer [with market humanism]...this is a system which doesn't harm rich people" Hmmm...where have I heard that win-win narrative before? Oh yeah, in this great book I read called Winners Take All :) His response would be that critique was of/within the neoliberal paradigm, and that win-win *is* possible in the market humanism paradigm. What do you think Anand?
The American economy is increasingly divided between those who earn their living and those whose assets generate wealth. This divide is exacerbated by a tax system that favors income from ownership over income from work, allowing the wealthy to accumulate wealth without paying taxes on unrealized gains. As artificial intelligence transforms the economy, it could further deepen inequality by disproportionately benefiting asset owners.
For starters increase the marginal rates on both income & capital...How about a 0.1% tax on capital value >$100 million? Publicly traded billionaire assets can be taxed when market prices establish the gain. Private gains can be taxed when they become measurable and usable—through a sale, transfer, or inheritance.
Resist corrupt authoritarians & Vote Blue! https://www.youtube.com/watch?v=V_i38-qjtbI