PeterBarn

I would say that there are three problems — three fundamental flaws in capitalism that must be fixed — and that even a 0.1 percenter would benefit from fixing them: (1) the decline of our middle class; (2) the destabilization of ecosystems; and (3) insufficient demand in our economy. The rich won't do well if the middle class revolts, if climate change spirals out of control, or if our economy remains stagnant.

Fortunately, common wealth dividends would fix all three flaws simultaneously. ANd do so with market mechanisms rather than government regulation or redistribution.

Yes. The Alaska Permanent Fund was started by a Republican governor (Jay Hammond) and supported by all subsequent Republican governors, including Sarah Palin. In fact, Palin boosted the dividend by $1,200 in 2008!

There's nothing in my plan that contravenes conservative principles — no tax, no bigger government, no redistribution. Once set up, the dividends would be market-based. The revenue would come from user fees paid for value received. The dividends would be legitimate property income, not welfare.

Thanks everyone. Gotta go now.

Dividends for all! Spread the word. www.dividendsforall.org

Well, I just don't think the institutional infrastructure is there, or that rich countries will want to shift part of their wealth to poorer ones.

I just figured it out. Thanks!