For 40 years, my

For 40 years, my argument has been that democratizing ownership of wealth has been the key to egalitarian society and the goals of egalitarian society. But you start at the local level, both at the workplace, community and other institutions and you reconstruct the egalitarian democratized structure as well as participatory structure. And as this … Read more

Texas has no income

Texas has no income tax, which is a big draw for corporate executives who do business there. But it’s hardly tax-free. The property taxes are high for a Southern state. The sales taxes are high. One study found that the bottom 20 percent of the Texas population pays 12 percent of its income in state … Read more

The idea that a

The idea that a relatively fixed group of privileged people might shape the economy and government for their own benefit goes against the American grain. Nevertheless, the owners and top-level managers in large income-producing properties are far and away the dominant power figures in the United States. Their corporations, banks, and agribusinesses come together as … Read more

The bottom line is

The bottom line is that every single member of Congress has to get voted into office every two or six years. That means they need to look really good in their home district and state. That means good local press. That means people in their district thinking, Man, I really don’t like Congress, but I … Read more

In China, Internet surveillance

In China, Internet surveillance has already become a profitable industry. In fact, a growing number of private firms eagerly assist the local police by aggregating this data and presenting it in easy-to-browse formats, allowing humans to pursue more analytical tasks. Evgeny Morozov