Article 38BQ9 Candid Wall Street barons worry that GOP tax plan will lead to literal euthanasia of the rentier

Candid Wall Street barons worry that GOP tax plan will lead to literal euthanasia of the rentier

by
Cory Doctorow
from on (#38BQ9)

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In 1936, John Maynard Keynes suggested that a fair economic system would lead to "the euthanasia of the rentier, and, consequently, the euthanasia of the cumulative oppressive power of the capitalist to exploit the scarcity-value of capital" -- implying that we have a choice between fairness and extreme wealth, and that the two couldn't peacefully co-exist. (more")

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