To a certain degree, subsequent action by the California Public Utilities Commission rescued the initiative from exploitation.
The CPUC has taken steps to assure public ownership of the pollution permits used by utilities to regulate and limit discharge of contaminants into the atmosphere. The commission also ordered utilities to pay equal climate dividends to their residential customers. A blueprint for changing our economic system will not be easy to achieve, and Barnes examines two elements he thinks are essential. First, there must be a period of preparation, when ideas and programs are conceived and pilot-tested.
With Liberty and Dividends for All: How to Save Our Middle Class When Jobs Don't Pay Enough
The actual adoption of wide-reaching changes typically occurs at times of crisis; Barnes believes the severe economic challenges the United States experienced in the s Great Depression and in the Great Recession of were necessary to make the public and political leaders receptive to change. He also observes that a great opportunity was missed in because there was not adequate preparation, such as there was prior to the Great Depression. Now is the time for such a period of exploration during which ideas and plans can be vetted.
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In order to facilitate this preparatory phase, Barnes invites readers to participate in two ways. First, he invites them to join the discussion at dividendsforall.
Righting capitalism with dividends | The Point Reyes Light
His second suggestion is intriguing. Barnes believes that simple childhood games can serve as training for the participation in our economic system. Simply link your Qantas Frequent Flyer membership number to your Booktopia account and earn points on eligible orders. Either by signing into your account or linking your membership details before your order is placed.
Your points will be added to your account once your order is shipped. Click on the cover image above to read some pages of this book! 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.
Enormously thoughtful, insightful, and valuable. Reich , former US Secretary of Labor "Peter Barnes offers a market-based way to support our lower and middle classes and protect our planet at the same time.
Anyone tired of Washington's stale political clich s should read this book. It is clear and fast-paced and offers a breathtakingly logical solution to widening inequality and ecological degradation.
Let's do it. Both approaches should be taken very seriously. With this book, Peter Barnes shows how a system of universal dividends can simultaneously undergird a broad middle class and make possible a thriving market economy.
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