With Liberty and Dividends for All: How to Save Our Middle

With Liberty and Dividends for All: How to Save Our Middle Class When Jobs Don't Pay Enough

Peter Barnes argues that because of globalization, automation, and winner-take-all capitalism, there wonâ€™t be enough high-paying jobs to sustain Americaâ€™s middle class in the future. Therefore, to survive economically, our middle class needsâ€•and deservesâ€•a supplementary source of nonlabor income.

To meet this need, Barnes proposes to give every American a share of the wealth we own togetherâ€• starting with our air and financial infrastructure. These shares would pay dividends of several thousand dollars per yearâ€•money that wouldnâ€™t be welfare or wealth redistribution but legitimate property income.

With Liberty and Dividends for All: How to Save Our Middle Class When Jobs Don't Pay Enough