Peter Frase had an excellent piece on Thursday discussing the nature of left neoliberal pricing schemes. I wrote about some of the problems with these pricing schemes a little while ago, and I want to highlight one of the arguments Frase and I both made. Frase writes at the very end of his post: There’s… Continue reading Revisiting pricing out the poor
Category: Class
America still winning inequality competition
The OECD put out this chart recently. If there was a sporting contest to see which country could enrich the 1% the most, the US would be a dynasty franchise.
People in the US already pay flat taxes
I have been desperately trying to find data on the effect state and local taxes have on the progressivity of taxes in the United States. I wrote a post a few days ago talking about how to think about the tax system, but I only included data on federal taxes. When only counting federal taxes,… Continue reading People in the US already pay flat taxes
Corporate executives are not just highly paid workers
Matthew Yglesias floated a claim today about the nature of the modern economy that I have seen pop up from time to time: That’s not just to make the banal point that someone like a Jeffrey Immelt does in fact do work, it’s to highlight the point that the concept of a class struggle between… Continue reading Corporate executives are not just highly paid workers
Pricing out poor people is not a solution
It is a sign of the neoliberal times that these days even liberals spend a lot of their time advocating fiddling with prices. Liberals who want to curb carbon pollution advocate increasing the price of that pollution either through a Cap and Trade system or a straight carbon tax. Liberals who want to decrease traffic… Continue reading Pricing out poor people is not a solution