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Tech Titans Are the Robber Barons of Our Gilded Age (jacobin.com)

submitted 7 months ago by [email protected] to c/[email protected]

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[–] [email protected] 19 points 7 months ago (1 children)

That's how it should be.

But really that's what gets the other side to whine for when they'll leave the trailer park and become billionaires.

Even if we changed it to a fractiotof that it would still bring immense change. As long as it doesn't go to the military budget I guess

[–] [email protected] 13 points 7 months ago (1 children)

Personally I think the surplus revenue should actually be set aside at first.

Turn it into a national sovereign wealth fund to use as a way to patch over lean times in the budget or to dip into during a recession or depression.

[–] [email protected] 2 points 7 months ago (1 children)

With so many people interested on embezzling or at least "using" it, which constitutional mechanism is going to ensure that doesn't happen?

[–] [email protected] 2 points 7 months ago (1 children)

I'd just put it in the control of the Fed with a requirement of providing reports of performing their duty as a fiduciary controlling it.

Plus being able to quickly make use of it in an emergency would allow the Fed to be alot more dynamic on monetary policy where needed.

[–] [email protected] 1 points 7 months ago (1 children)

It's still an organization made up of people.

I don't have a better answer, I still think yours is not satisfactory.

[–] [email protected] 1 points 7 months ago

Yeah but those people report directly to Congress, and personally I've got my own bone to pick with how Congress is set up so my pie in the sky version of things has a much better designed one

Also abolishing the independent executive because it inherently acts as a parasitic force dragging a country further and further from a democratic/republican core of design