Re:Electric cars are coming fast – is the nation’s grid up t...
by sjwright on Sunday January 31, 2021 @03:36AM
(#25977165)
> Poverty amplifies the problem of racism. But racism is what caused that poverty in the first place.
I partly agree, but I’d argue that it’s less complicated. I would rephrase thusly: Poverty IS the problem. And historical racism is the cause of a lot of that poverty.
> even if you removed racism completely, African-Americans would still be stuck with being poor, simply for historical reasons.
I agree in principle. The question is how you solve for systemic poverty. I think the first, most obvious step is to enact a very steep inheritance tax. That would be the most effective way to dampen generational capital inequality.
The second thing you could do is a generous UBI because that would dramatically benefit the systemically poor. The most effective way to lower income inequality is to raise the floor.
I partly agree, but I’d argue that it’s less complicated. I would rephrase thusly: Poverty IS the problem. And historical racism is the cause of a lot of that poverty.
> even if you removed racism completely, African-Americans would still be stuck with being poor, simply for historical reasons.
I agree in principle. The question is how you solve for systemic poverty. I think the first, most obvious step is to enact a very steep inheritance tax. That would be the most effective way to dampen generational capital inequality.
The second thing you could do is a generous UBI because that would dramatically benefit the systemically poor. The most effective way to lower income inequality is to raise the floor.