With Liberty and Dividends for All (Paperback)

How to Save Our Middle Class When Jobs Don't Pay Enough

By Peter Barnes

Berrett-Koehler Publishers, 9781626562141, 192pp.

Publication Date: August 4, 2014

List Price: 19.95*
* Individual store prices may vary.

Description

Peter Barnes argues that because of globalization, automation, and winner-take-all capitalism, there won't be enough high-paying jobs to sustain America's middle class in the future. Therefore, to survive economically, our middle class needs--and deserves--a supplementary source of nonlabor income.

To meet this need, Barnes proposes to give every American a share of the wealth we own together-- starting with our air and financial infrastructure. These shares would pay dividends of several thousand dollars per year--money that wouldn't be welfare or wealth redistribution but legitimate property income.