The main issue I have with FDR’s second bill of rights is that it does nothing to fix late stage capitalism. Generational wealth will continue to accrue and those without it will be punished by no fault of their own. Sure it will make poverty less common and less impactful but people will only have bargaining power in employment via unions while not enshrining unions with more protections.
Just get rid of the concept of corporations, funds, foundations, etc all the ways rich people have sheltered their assets from the state. Wealth may only be held by individuals plus a 100% death tax on wealth above some level. Maybe 10million, whatever.
The main issue I have with FDR’s second bill of rights is that it does nothing to fix late stage capitalism. Generational wealth will continue to accrue and those without it will be punished by no fault of their own. Sure it will make poverty less common and less impactful but people will only have bargaining power in employment via unions while not enshrining unions with more protections.
Just get rid of the concept of corporations, funds, foundations, etc all the ways rich people have sheltered their assets from the state. Wealth may only be held by individuals plus a 100% death tax on wealth above some level. Maybe 10million, whatever.