@jdcmedlock Industrialism, as I choose to define it right now, aims to create:
A) a broad, highly productive middle class that comprises most of society
B) high quality abundant public goods
C) a robust safety net for the poor
A) a broad, highly productive middle class that comprises most of society
B) high quality abundant public goods
C) a robust safety net for the poor
@jdcmedlock To this end, it encourages the creation of private businesses that are competitive and innovative while sharing their income and decision-making authority as broadly as possible with their workers...
@jdcmedlock The idea is to have both government and the private sector stay in their lane, while ensuring broad reward-sharing and accountability within each sector, and fostering cooperation between the sectors where appropriate.
@jdcmedlock Some differences with socialism are:
A) less emphasis on fiscal progressivism
B) more emphasis on productivity & growth
C) less worry about upper-tail inequality
D) more emphasis on individual economic independence
E) neutrality toward private vs. state ownership
A) less emphasis on fiscal progressivism
B) more emphasis on productivity & growth
C) less worry about upper-tail inequality
D) more emphasis on individual economic independence
E) neutrality toward private vs. state ownership
