mempko
7 months 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
7 months 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
7 months 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
7 months ago
Gary is doing great work!