| I think there is, but it would screw over large capital owners and would be practically impossible in the US political system. The policies I believe could too it are also too radical to realistically be implemented in Europe. We know that massive investment in early education with tutoring etc. could easily give the average US child the equivalent of today's top 2% level academic performance. This would be expensive, but essentially unproblematic it will never happen. Similarly, university education could be made publicly funded, and also cheaper. Here in Sweden it's cheaper per head than highschool education. We know that physician labour in the US cost more than it should due to a shortage due to too few residencies. It could be solved tomorrow, and all US medical system problems could be solved over 15-20 years. You could ensure that there's investment capital and no inflation, sidestepping the simultaneous inflation and need for investment caused by supply shocks due to war and technology change, by making everybody save a certain inflation-dependent fraction of their income from wages. When a company is doing weird legal stuff to prevent their competitor from opening a warehouse in a certain, crush them-- impose criminal penalties, throw the planners and everyone who knew about the idea in jail. 15 years of this and you'd be in another world, one in which China might not be such a competitor after all. The only reason you aren't moving towards this world is because 'you' in the sense of the donors and the political leadership don't want to do it. There's even people who don't want publicly funded school lunches. With this attitude one makes oneself irrelevant. |