Naked Capitalism has the post More Effective Remedies for Inequality.
The following is Yves Smith’s comment on the post:
We had a more equitable society when unions were stronger, taxes were more progressive, and anti-trust laws were enforced. This post by Geoff Davi[e]s serves as a reminder that there are remedies other than progressive taxation (which he regards as an after-the-fact remedy) to achieve that end.
I’ll just give you a list of topics in the post by Geoff Davies, author of Sack The Economists. In the post he only says a paragraph or two about each topic.
- Financial market speculation
- Capturing emergent community wealth
- Interest charged on new money
- Access to loans
- The ownership escalator
- Corporate welfare
This article is a great way to open our minds to many possible solutions beyond just thinking about income taxes.