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Five Economic Reforms Millennials Should Be Fighting For ["Make Everything Owned by Everybody"]
Rolling Stone ^ | January 3, 2014 | Jesse A. Myerson

Posted on 01/04/2014 1:40:02 PM PST by grundle

4. Make Everything Owned by Everybody

Hoarders blow. Take, for instance, the infamous one percent, whose ownership of the capital stock of this country leads to such horrific inequality. "Capital stock" refers to two things here: the buildings and equipment that workers use to produce goods and services, and the stocks and bonds that represent ownership over the former. The top 10 percent's ownership of the means of production is represented by the fact that they control 80 percent of all financial assets.

This detachment means that there's a way easier way to collectivize wealth ownership than having to stage uprisings that seize the actual airplanes and warehouses and whatnot: Just buy up their stocks and bonds. When the government does that, it's called a sovereign wealth fund. Think of it like a big investment fund that buys up assets from the private sector and pays dividends to all permanent U.S. residents in the form of a universal basic income. Alaska actually already has a fund like this in place. If it's good enough for Levi Johnston, it's good enough for you.

(Excerpt) Read more at rollingstone.com ...


TOPICS: Miscellaneous
KEYWORDS: allpropertyistheft; communism; communistgoals; crime; culturewar; drankthekoolaid; envy; greed; hollywoodreds; itcanhappenhere; jannwener; jessemyerson; marxism; mccarthywasright; nakedcommunist; reddiaperdoperbabies; reddiaperdoperbaby; rollingstone; rollingstoned; socialismm; socialistutopia
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Despite what the writer claims, Alaska has not abolished private property.

I couldn't fit "barf alert" in the heading, but that's just what this article is.

1 posted on 01/04/2014 1:40:02 PM PST by grundle
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To: grundle

I wonder if the writer was playing Lennon’s Imagine in the background while he composed this bolshevik!


2 posted on 01/04/2014 1:42:16 PM PST by Mastador1 (I'll take a bad dog over a good politician any day!)
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To: grundle
Read the comments after the article in Rolling Stone. Even they think he's nuts.
3 posted on 01/04/2014 1:42:23 PM PST by CaptainK (...please make it stop. Shake a can of pennies at it.)
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To: grundle

And the end result will be poverty injustice for all.


4 posted on 01/04/2014 1:42:51 PM PST by cripplecreek (REMEMBER THE RIVER RAISIN!)
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To: cripplecreek

I’m certain our overseers will be fine.


5 posted on 01/04/2014 1:43:56 PM PST by gundog (Help us, Nairobi-Wan Kenobi...you're our only hope.)
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To: grundle

Great Idea! I think I should own some of Microsoft. And then *I* can make all the plans for the computing world...

What? You mean some faceless bureaucrat will make all those decisions from Washington?

Well, I guess that would be alright, all the best and smartest people work for “the government”. They can decide for me what kind of computer I want


6 posted on 01/04/2014 1:44:09 PM PST by Mr. K (If you like your constitution, you can keep it...Period.)
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To: grundle
Think of it like a big investment fund that buys up assets from the private sector and pays dividends to all permanent U.S. residents in the form of a universal basic income.

I'll bet this Rolling Stoned turd thinks he the first one to come up with this idea. LOL! Sorry Skippy, it's been tried numerous times. It doesn't work.

7 posted on 01/04/2014 1:45:02 PM PST by FlingWingFlyer (The Truth Is Out There. Just don't let anyone know that you're looking for it.)
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To: grundle

8 posted on 01/04/2014 1:45:47 PM PST by Cicero (Marcus Tullius)
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To: grundle
No more low wages?
A dishwasher and a doctor, same wages. Why should an M.D. get SO MUCH more than a dishwasher? Gee, I can't imagine why.
9 posted on 01/04/2014 1:45:50 PM PST by cloudmountain
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To: grundle

Let’s start with a Hollywood tax. It’s not fair that the good looking people that can memorize lines get that much wealth. Friggin libs


10 posted on 01/04/2014 1:46:53 PM PST by MattinNJ (It's over Johnny. The America you knew is gone. Denial serves no purpose.)
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To: grundle

This is just a hit piece pushing Marxism. “Abolition of private property” is a chief theme of the Communist Manifesto’s second chapter.


11 posted on 01/04/2014 1:50:52 PM PST by Olog-hai
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To: grundle

For Rolling Stone, giving their magazine away for free would be a step up since they are probably having to pay people to read it now.


12 posted on 01/04/2014 1:53:44 PM PST by vbmoneyspender
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To: grundle
there's a way easier way to collectivize wealth ownership than having to stage uprisings that seize the actual airplanes and warehouses and whatnot: Just buy up their stocks and bonds.

Buy them up with what? The government is broke, you Commie idiot.

13 posted on 01/04/2014 1:58:01 PM PST by Toddsterpatriot (Science is hard. Harder if you're stupid.)
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To: grundle

This lovely idea of equality will work...in heaven.


14 posted on 01/04/2014 1:59:23 PM PST by lurk
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To: vbmoneyspender

1: BARF! (This is a millennial talking/barfing)

2: I wouldn’t wipe my a$$ with that rag.


15 posted on 01/04/2014 2:00:34 PM PST by Antihero101607
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To: grundle

We should all share our grades, too.

Then, everbody can get a ‘C’ no matter what.....this will eliminate Inequality for sure.

Then, we would all be equal and we would all be the same with the same shot at opportunities, especially where scholarships are concerned.


16 posted on 01/04/2014 2:03:22 PM PST by Be Careful
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To: Mastador1

While I liked John Lennon’s music and many things about him (he supposedly told his driver he’d have voted for Reagan in 1980 over that boob Carter) it doesn’t pay to put my credence in rock song lyrics. Imagine no possessions? Well, not Yoko Ono, who fought Paul McCartney tooth and nail for decades over the rights to Beatles songs. You can bet that if this crazy proposal ever went into effect, the owners of Rolling Stone magazine and many of the “celebrities” they writs about would be on the first plane to the banks of the Cayman Islands and Monaco, tax exiles to protect the property they advocate be “communalized”.


17 posted on 01/04/2014 2:06:48 PM PST by laconic
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To: grundle

IF these folks would work even ten percent as hard for the producers as they do the takers, this nation would be in far better shape.


18 posted on 01/04/2014 2:16:07 PM PST by DoughtyOne (ZERO is still zero!)
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To: grundle

I wonder if the writer has anything of value. I think I’ll go help myself to it. His car, his beer, his woman (if she’s not a coyote).


19 posted on 01/04/2014 2:23:09 PM PST by henkster (Communists never negotiate.)
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20 posted on 01/04/2014 2:24:06 PM PST by RedMDer (Happy with this, America? Make your voices heard. 2014 is just around the corner. ~ Sarah Palin)
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