mempko
13 hours ago
This article does a great job explaining why "Number Go Up" rule is a problem. Matt is talking about inequality without saying inequality. The Number Go Up rule is why inequality is growing because it's about asset price inflation and a small group owns all the assets. Inequality rising is why housing, healthcare, and education are becoming more and more expensive without any improvement of the underlying assets or services.
We need to talk about inequality and not be afraid to use the word. I'm shocked Matt Stroller doesn't mention it once in the article even though that's ultimately what he is talking about.
simonebrunozzi
13 hours ago
Or the essence of the book "Capital in the 21st century". [0]
[0]: https://en.wikipedia.org/wiki/Capital_in_the_Twenty-First_Ce...
squishington
12 hours ago
Gary Stevenson talks a lot about this. His campaigning for wealth taxes is increasing the public awareness of this issue around the world.
mempko
11 hours ago
Gary is doing great work!