All of this in the context of rising wealth and income inequality. Does the current path seem in any way sustainable to you? Who is going to buy stuff from Walmart and Amazon of no one has any jobs?
Now we're facing a different problem, one which you proposals won't fix.
What will we do with an enormous segment of the population which
cannot do work which is worth what they'd cost?
We'll eventually begin seeing a nascent Star Trek economy, ie, people
don't need to work to work. (Of course, the STTNG idea that everyone
would then be employed in self improvement is a bigger fantasy than
teleportation or warp drive.)
Again, in the correct context, I have nothing against record profits. But we're headed away from "healthy commerce" if we don't have a large, financially secure middle class. And we're losing that. The current trends in income and wealth inequality cannot be sustained.
Poco's proposals won't even begin to address that.
I suspect that it'll eventually become something like what the Cato
Institute proposed decades ago....a basic guaranteed income with
much lower marginal tax rates.
OK, it won't be anything so sensible.
But a guy can dream.
This is a HUGE correlation / causation leap.
Not huge.
We have high correlation.
We have explanation.
Voters re-elect politicians who wage war.
If they didn't like these wars, they'd vote for non-hawks.
This is far far more cromulent than the Military Industrial
Complex conspiracy theory.
I never said they did. I only said they lobby for more arms deals.
This doesn't cause our problem of massive foreign military adventurism.
It's just different companies competing for pieces of the pies.
(The pies include not just domestic military sales, but also foreign,
which require difficult to get US federal government approval.)
Back in the day, Northrop had difficulty getting domestic contracts for
political reasons (CA lacked congressional power, & it was non-union.)
But F-5 fighters were popular overseas.....simple, cheap, upgradable,
great dog fighters, capable weapons platform, survivable.