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Thursday, February 06, 2014

'Why Thomas Jefferson Favored Profit Sharing'

David Cay Johnston:

Why Thomas Jefferson Favored Profit Sharing, by David Cay Johnston: President Obama's State of the Union speech last week focused on America's severe and growing inequality, but he stopped short of repeating the Founding Fathers' many warnings that this condition could doom American democracy.
The founders, despite decades of rancorous disagreements about almost every other aspect of their grand experiment, agreed that America would survive and thrive only if there was widespread ownership of land and businesses. ...

    Posted by on Thursday, February 6, 2014 at 04:05 AM in Economics, Income Distribution | Permalink  Comments (38)


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