If you’re interested in my more in-depth view of the Biden program, you can find it here. In it, I look at the plan with reference to the concepts I tried to convey in “Why and How Capitalism Needs to be Reformed” and “The Changing World Order.”
linkedin.com/pulse/biden-ta… (1/5)
linkedin.com/pulse/biden-ta… (1/5)
History and my experiences have taught me that for societies to work they must both grow the pie and divide it well, that capitalists tend to be better at growing the pie (albeit dangerously unequally)... (2/5)
... and socialists tend to be better at dividing the pie (albeit dangerously unproductively), and that societies typically go through big cyclical swings between the two approaches. (3/5)
I believe our system can and must be reengineered to take the best and leave the worst of both behind, recognizing that human capital is the most important type of capital to invest in. (4/5)
In this piece, I explain where I think we are in the context of the classic big pendulum swinging and look more closely at what Biden is proposing and its implications. (5/5)
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