SoftestSapphic@lemmy.world to Political Memes@lemmy.world · 15 days agoLet's meet in the middlelemmy.worldexternal-linkmessage-square96fedilinkarrow-up1746
arrow-up1746external-linkLet's meet in the middlelemmy.worldSoftestSapphic@lemmy.world to Political Memes@lemmy.world · 15 days agomessage-square96fedilink
minus-squareSeasm0ke@lemmy.worldlinkfedilinkarrow-up1·12 days agoUs had a 90% top tax rate at one time. Inheritance tax redistributes wealth. Nationalization of industries such as banking. Cubas economy grew after redistribution despite the embargo until the fall of the Soviet Union. China has a 90% rate of home ownership https://en.m.wikipedia.org/wiki/Housing_in_China Germany requires a percentage of each company shareholders be employees https://insigniam.com/in-germany-a-law-to-give-employees-a-voice-and-a-vote/ It has been done before and can be done again, with or without liberal democracy.
Us had a 90% top tax rate at one time. Inheritance tax redistributes wealth. Nationalization of industries such as banking. Cubas economy grew after redistribution despite the embargo until the fall of the Soviet Union. China has a 90% rate of home ownership https://en.m.wikipedia.org/wiki/Housing_in_China Germany requires a percentage of each company shareholders be employees https://insigniam.com/in-germany-a-law-to-give-employees-a-voice-and-a-vote/
It has been done before and can be done again, with or without liberal democracy.