Solving the Inequality Gap: Progressive Taxation or Economic Democracy?

Originally published at: https://systemschangealliance.org/solving-the-inequality-gap-progressive-taxation-or-economic-democracy/

When editor-in-chief of multinational business magazine Fortune, Alyson Shontell, asked in its June/July 2022 issue if it’s time for a maximum wage, she got my attention. Back in the early 90’s, when I was an editor I published an article by Sam Pizzigati, co-editor of Inequality.org, which emphatically proclaimed that it was indeed time for a maximum wage. Does this now mean that Fortune, the glossy voice of corporate capitalism, and progressive activists like Pizzigati, finally agree that it’s time to curb the wealth of the Uber-rich? If so, how can this be done? Growing Corporate Inequality This is not…