, 6 tweets, 5 min read Read on Twitter
Key insight: #Capitalism inherently concentrates #wealth into a shrinking minority & given that our political system is funded by private $ & that $ = power. It explains why regulations can only temporarily slow/reverse the trend. peoplespolicyproject.org/2019/03/05/wea… via @PplPolicyProj
Now of course regulations & #progressive taxation are needed but to truly defeat inequality & protect our political system. We need to democratize the main source of #inequality which is the workplace. Our factories, stores, & offices aka the businesses that make up the #economy.
To do that we have to bring #democracy into the economy. Accomplished by passing comprehensive legislation that helps fund, promote, + incentivize the expansion & creation of #Worker #Cooperative businesses. Which are businesses owned & run by their workers democratically.
For ex: worker #coops such as @enMONDRAGON. However beyond providing loans or the right of first refusal to support coop creation. We also need cooperative business education & training in work force development agencies & in the curriculum of universities across the country.
That is the general outline of what is needed to systematically & permanently reduce vast inequalities in our #society & strengthen/protect our #democracy from the corrosive privatization & concentration of wealth that #Capitalism produces which leads to its destruction/decay.
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