With Liberty and Dividends for All: How to Save Our Middle Class When Jobs Don't Pay Enough

With Liberty and Dividends for All: How to Save Our Middle Class When Jobs Don't Pay Enough

With Liberty and Dividends for All: How to Save Our Middle Class When Jobs Don’t Pay Enough

by: Peter Barnes (Author)

Publisher: Berrett-Koehler Publishers

Publication Date: 2014-08-04

Language: English

Print Length: 192 pages

ISBN-10: 1626562148

ISBN-13: 9781626562141

Book Description

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.

Editorial Reviews

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.

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