With Liberty and Dividends for All
Peter Barnes
Berrett-Koehler Publishers
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&#8212;and deserves&#8212;a supplementary source of nonlabor income. To meet this need, Barnes proposes to give every American a share of the wealth we own together&#8212; starting with our air and financial infrastructure. These shares would pay dividends of several thousand dollars per year&#8212;money that wouldn't be welfare or wealth redistribution but legitimate property income.