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Old 09-09-2019, 07:28 PM   #6823 (permalink)
sendler
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Join Date: May 2011
Location: Syracuse, NY USA
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Honda CBR250R FI Single - '11 Honda CBR250R
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2001 Honda Insight stick - '01 Honda Insight manual
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"economists and policymakers often regard growth as a substitute for equality: it is politically easier to grow total income and expect that enough will trickle down to improve the lives of ordinary people than it is to distribute existing income more fairly, as this requires an attack on the interests of the dominant class. But if growth is a substitute for equality, then by the same logic equality can be a substitute for growth (Dietzand O’Neill, 2013). By distributing existing income more fairly we can improve human welfare and accomplish social objectives without growth–and therefore without additional material and energy throughput. A shorter working week plus a job guarantee and a living wage policy, as described above, are central mechanisms for accomplishing this. So too is investment in public services. By expanding access to high-quality, generous public healthcare, education, affordable housing, transportation, utilities and recreation facilities, it is possible to enable people to access the goods they need to live well without needing high levels of income to do so."
 
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