At the DAVOS forum the debate on inequality was hot with academics on one side and business people on the other.
Standing, a professor at the School of Oriental and African Studies at the University of London, called for a “new income distribution system,” where governments commit to assuring a universal basic income that would be enough to keep its citizens out of poverty.
A Gallup poll last year showed that only 56 percent of Americans overall — and less than half of Democrats — have a positive view of capitalism, a decline in sentiment in one of the best years for the economy since at least 2000. More Democrats now think more favorably of socialism than capitalism. Source: https://www.washingtonpost.com/business/2019/01/26/aristocrats-are-out-touch-davos-elites-believe-answer-inequality-is-upskilling/?noredirect=on&utm_term=.d72c2893aeab
A guaranteed basic income is an income not dependent on working or any individual effort or responsibility of any kind.
Tell people often enough that the system is rigged (and you will hear it a lot more) and they will believe it. They may even accept it as justification for their own shortcomings and poor decisions. It is a very effective scapegoat.
Then you tell people higher taxes will somehow unrig the system and with that new revenue the federal government can make your life better.
Then you tell people what more they deserve and are entitled to.
Finally, you convince people that somehow other people, namely the most financially successful otherwise known as wealthy, can foot the bill.
Bingo, problems solved.
As Teddy Roosevelt once said (even while arguing for an inheritance tax back in 1908), We have not the slightest sympathy with that socialistic idea which would try to put laziness, thriftlessness and inefficiency on a par with industry, thrift and efficiency; which would strive to break up not merely private property, but what is far more important, the home, the chief prop upon which our whole civilization stands. Such a theory, if ever adopted, would mean the ruin of the entire country–a ruin which would bear heaviest upon the weakest, upon those least able to shift for themselves.
I wonder if today’s socialist leaning politicians agree with that?