A week or so ago, I wrote about capitalism’s funnel problem to drive all wealth to a small percentage of the population at a rate we can’t sustain without really harming the rest of the vast majority. I didn’t offer any solution to keep the post a reasonable length, but would not have criticized capitalism if I didn’t have something to offer because I’m not the type to criticize unless I thought there were better alternatives, and realistic alternatives, at that. Here is one. It’s bound to seem to be undoable, but if any alternative did seem doable, do you not think it would have been tried? As for how undoable this or other alternatives you hear about, I would encourage you to think about how many blatantly stupid, reckless, biased, and/or unfair laws and policies we have today, and in recent history, that somehow got the nod to be put in place. These range from economics like redlining (the systematic denial of various services or goods by federal government agencies, local governments, or the private sector either directly or through the selective raising of prices), to inhumane treatment of others like Jim Crow laws (state and local laws that enforced racial segregation in the Southern United State). Many are so horrible that I just look at them and say if we could do that, then we could do this because it’s minor in comparison for effort and guts required.

Continue reading →