Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

The author, Nick Hanauer, has a podcast (https://pitchforkeconomics.com/) that is heavy on demonizing the very rich 1% and vaguely blaming “neoliberalism” (by which he generally means Milton Friedman-style libertarianism; not sure what he thinks of progressive neoliberals https://exponents.substack.com/p/what-neoliberals-believe). It’s similar to how the Democrats promise not to raise taxes on anyone whose income is under $400,000 (https://joebiden.com/two-tax-policies/).

I think this populist “Don't tax you, don't tax me, tax that fellow behind the tree!” sentiment is probably the wrong focus. I hope people will eventually support broader policies to promote equality (https://www.niskanencenter.org/faster_fairer/agenda.html), antimonopoly policies, and broader tax increases (such as land value taxes and closing capital gains tax loopholes) instead of singularly focusing on bogeymen.



Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: