Peter Barnes argues that because of globalization, automation, and winner-take-all capitalism, there won’t be enough high-paying jobs to sustain America’s middle class in the future. Therefore, to survive economically, our middle class needs—and deserves—a supplementary source of nonlabor income.
To meet this need, Barnes proposes to give every American a share of the wealth we own together— starting with our air and financial infrastructure. These shares would pay dividends of several thousand dollars per year—money that wouldn’t be welfare or wealth redistribution but legitimate property income.
- ISBN10 1626562148
- ISBN13 9781626562141
- Publish Date 4 August 2014
- Publish Status Active
- Publish Country US
- Imprint Berrett-Koehler
- Format Paperback (US Trade)
- Pages 192
- Language English
- URL https://penguinrandomhouse.com/books/isbn/9781626562141