late wrote:Most slow learners learn, they just do it slowly.
There are indications that the passion for Trump is cooling. But the Truth Social stock? That is going to do actual damage to his supporters, and that will change some minds.
Trump is bleeding his supporters dry, bleeding the Republican party dry (that will be the end result) and alienate the electorate. You will see the bulk of America turn on him, at the same time many of his supporters will leave the MAGA train, this year.
The ultimate snowflake is about to melt.
You criticize Trump for a good reason obviously but Trump is merely a symptom of a very larger problem. He is not the cause, he is just the affect that we get. Obviously he is also not the answer to the problem and has long derailed himself from his early days when he was able to articulate the problem.
So what is the problem then? Well the problem has obviously been for the last 15-10 years(Actually longer but 10-15 years is when we started caring) the overoptimization of the economy at the expense of the common person in the developed world. Mostly in Europe, US and other places. Optimisations of business and economy are not inherently something bad or in general bad because they allow you to produce products more efficiently in larger quantities will getting more profit which all are good things by themselves. The problems come when this starts to make the lives of ordinary people both workers and non workers of those companies worse and then has a bad affect on their wellbeing.
So this process sort of is widening the gap between the have nots and haves a lot. And I am not talking about just 0.1% rich and others. I am talking in general the gap between the highly educated professional class that specialise their work and then everybody else. So lets say for arguments sake 10% vs 90% or like 20% vs 80%. Its hard to define it. This overoptimization allows the most productive, educated, specialised and creative members of society reap the most amount of material gains from the rest in the most efficient manor hence the growing inequality.
Now some would say that this is possible to address using distribution aka "socialist policies" but I am kinda sceptical. It doesn't prevent the model from continuing its behaviour and will still remain the same. Its like taking more money from everyone to give it to the ones that benefit less from the model by still keeping the model itself running for some reason. At best this is a band aid and at worst this will be circumvented by further optimisation or if taxes are extremely high then crash the model itself so all will suffer. Note, I am not saying that they shouldn't exist I am just saying that fixing the problem fully with them is not possible so its needs to be a tiered solution. Distribution should definitely be used along with below:
The ideal solution is to tweak the model itself to give a sort of level playing field to everyone in my opinion and increase benefits for all without resorting to the government for it. For example instead of taking profit taxes on stock sales or company sales then make it so that those sales will go to all the workers of that company equally divided lets say that 20% that should have been taxed. This will encourage several behaviours within the companies:
1) Not to optimize against taxation, since the company would be doing and the worker who is doing it has clear negative interest to do so. And if it happens then all of the company will be simultaneously unhappy and probably reported.
2) It creates participation in the financial market from a standpoint of company success for a common worker which otherwise wouldn't be getting it unless you are a "heavily specialised person" within the company that gets his rewards as stock already.
3) It will encourage small and medium sized businesses to participate in the financial market also compared to usually mostly larger and successful businesses since it would be reasonable to expect for workers to demand this from their employer and he would have that interest to be more competitive. Although some legal changes would be need to be done to account for this properly.
4) It will overall increase the size of the financial market in any given place that will create such kind of system. Hence increasing the pool of possible investment and growth.
I don't know, here are my two cents that I thought about like 2-3 months ago on the topic. Wanted to vent somewhere but there were no reasonable topic so here it guess. The solution is in no way, shape or form final and is just a suggestion sort of. I think that it pleases all of the stakeholders that truly matter(People, Companies, Financial Market) and the only one who gets wrong in the solution is the state getting a bit less taxes but on the other hand doing its work so solving the problem.