Sunrise and the Green New Deal

Human-caused climate change is an existential threat to life on Earth.

If you live in the U.S., check out https://www.sunrisemovement.org/tour

And find a town hall to discuss the Green New Deal occurring near you (or sign up to host one).

If you’re in KC, here are the details:

Kansas City Green New Deal Town Hall
Start: April 24, 2019 at 6:30 PM 
Unity Temple on the Plaza
707 W 47th St
Kansas City, MO, 6411

When thinking about human-caused climate change, recall Preu’s Wager.

Sunrise and the Green New Deal

HQ2: Understanding What Happened & Why

Take note, all city governments:

HQ2: Understanding What Happened & Why

It is not in the local governments’ interests to create a race to the bottom. And given Amazon’s size and skills, it is no longer in their own interests to encourage governments to be giving out special tax breaks to its future competitors. Had they though this thorough, played out all of the game theory here, Amazon had the ability to lock in a strategic advantage.

Instead of capturing the lion share of tax breaks for themselves, they could have had the city commit ALL of the incentives to rebuilding the infrastructure around where they were locating the HQ2. Highways, subways, schools, parks, etc.  This missed that chance.

HQ2: Understanding What Happened & Why

Not the Religion of Property and Inequality

Between 1930 and 1980, the rate applied on the highest incomes was on average 81% in the United States, and the rate applied to the highest inherited estates was 74%. Clearly this did not destroy American capitalism, far from it. It made it more egalitarian and more productive, at a time when the United States had not forgotten that it was their level of educational advancement and their investment in training and skills that was the backbone of their prosperity, and not the religion of property and inequality.

Reagan, then Bush and Trump subsequently endeavoured to destroy this heritage. They turned their backs on the egalitarian origins of the country, by counting on historical amnesia and by fuelling identity-based divisions. With the hindsight we have today, it is obvious that the outcome of this policy is disastrous. Between 1980 and 2020, the rise in per capita national income was halved in comparison with the period 1930-1980. What little growth there was, was swept up by the richest, the consequence being a complete stagnation in income for the poorest 50%.

Wealth tax in America

Not the Religion of Property and Inequality