[NOTE: Part I can be found here.]
"...The wound is the entire economic system that “doesn’t work.”
I wonder who decides what’s working?
Obviously it would be Richard Wolff, for starters.
I wonder who decides what’s working?
Obviously it would be Richard Wolff, for starters.
But here’s my very favorite part:
Redistribution tears societies apart, it’s— here’s the parallel: you’re going into the park on a Sunday afternoon, you’re a married couple, you have two children. One is six and one is seven, and you stop because there’s [a] man selling ice cream cones. And you give one of your children an ice cream cone, it’s got four scoops. And the other one, an ice cream cone with one scoop. And you continue walking. Those children are going to murder each other. They’re gonna struggle. What are you doing? And don’t then come up — ‘okay, you’ve had — you’ve eaten this part of your scoop, so give the other part of your scoop to your sister, or your brother,’ — stop. The resentment of the one who hose [???] his ice cream or her ice cream — you see where I’m going? Every parent that isn’t a ghoul understands, give each child the same damn ice cream cone—two scoops each. You don’t need redistribution if you don’t distribute it unequally in the first place. Capitalism is congenitally incapable of distributing equally
...But if you think for just a moment about what Wolff said there, you can’t help but notice the following problems, which are not difficult to spot:
(1) Manipulating an entire society by any means, including that of a guaranteed Universal Basic Income, is completely and utterly different in scale, scope, intent, and almost every single other way possible from buying your young kids ice cream cones.
(2) Among other things, the parent is an adult and children are children, and the parent or parents control the entire economy of the children (in this example, two children). The parent is in charge...
Read all!
...It reminds me of Margaret Thatcher’s famous moment:
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