Skip to main content

Yesterday I discussed both global and domestic inequality, how inequality is growing, and where our country ranks in income and wealth inequality–extremely poorly.

Borrowing again from Kathleen Geier‘s new article, but also relying on older research we know some of the ways to reduce inequality, and at the same time, strengthen our economy and our country.

Globally and domestically, we need government and global institutional intervention in labor markets. We need powerful global encouragement for stronger labor unions and the absolute right of workers to organize unions and bargain collectively. The rise in inequality in the US directly tracks the government and corporate assault on unions. The best defense of democracy are organized workers. Strong unions are the best and most organic way to build the middle class and more fairly distribute the wealth of any nation.

In the US we need to double the minimum wage and tie it to the cost of living so we can end this stupid debate. If you work in the US, you should be able to make a living! Period! It is immoral and unconscionable to have a permanent underclass who cannot ever make a decent living trapped in poverty level jobs. Also, raising the minimum wage would lift all wages, stimulate the economy with robust and widespread consumer demand, and give some stability to families and the economy.

We need to reinstate a progressive income tax starting with capital gains–income received from investment and lifting the Medicare tax cap. We could easily secure and enhance Social Security, Medicare, and Medicaid.

We need massive investment in public education. The schools in progressive states and counties that invest in education are the best in the country.

Globally, we need fair trade that requires fair wages and the right to unionize. We need to forgive debts. And we need robust and well-funded non-governmental organizations that can circumvent corrupt governments and get international aid directly and quickly to those who need it.

Photo source: bogieharmond on Flickr (CC BY 2.0)

EMAIL TO A FRIEND X
Your Email has been sent.
You must add at least one tag to this diary before publishing it.

Add keywords that describe this diary. Separate multiple keywords with commas.
Tagging tips - Search For Tags - Browse For Tags

?

More Tagging tips:

A tag is a way to search for this diary. If someone is searching for "Barack Obama," is this a diary they'd be trying to find?

Use a person's full name, without any title. Senator Obama may become President Obama, and Michelle Obama might run for office.

If your diary covers an election or elected official, use election tags, which are generally the state abbreviation followed by the office. CA-01 is the first district House seat. CA-Sen covers both senate races. NY-GOV covers the New York governor's race.

Tags do not compound: that is, "education reform" is a completely different tag from "education". A tag like "reform" alone is probably not meaningful.

Consider if one or more of these tags fits your diary: Civil Rights, Community, Congress, Culture, Economy, Education, Elections, Energy, Environment, Health Care, International, Labor, Law, Media, Meta, National Security, Science, Transportation, or White House. If your diary is specific to a state, consider adding the state (California, Texas, etc). Keep in mind, though, that there are many wonderful and important diaries that don't fit in any of these tags. Don't worry if yours doesn't.

You can add a private note to this diary when hotlisting it:
Are you sure you want to remove this diary from your hotlist?
Are you sure you want to remove your recommendation? You can only recommend a diary once, so you will not be able to re-recommend it afterwards.
Rescue this diary, and add a note:
Are you sure you want to remove this diary from Rescue?
Choose where to republish this diary. The diary will be added to the queue for that group. Publish it from the queue to make it appear.

You must be a member of a group to use this feature.

Add a quick update to your diary without changing the diary itself:
Are you sure you want to remove this diary?
(The diary will be removed from the site and returned to your drafts for further editing.)
(The diary will be removed.)
Are you sure you want to save these changes to the published diary?

Comment Preferences

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site