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Achieving Honorable Democracy's avatar

Thank you, Professor Reich, for succinctly interweaving all the different dynamics in play. The three things that could move our nation to a more just, honorable, and forward, thinking nation are:

1- Return of the full weight of Glass-Steagall

2- Mandate all campaign funding for elected office be from public not private money

3- End the practices of companies buying back stock, along with banning stock shares as part of executive compensation

With these three things in place, we take away some of the major reasons why big corporations have disproportionate power on legislation and oversight. You take away their payola dance with legislators, and restrict key factors in furthering monopoly capitalism.

Catering to greed does nothing to enhance the continuing of our civilization. Thank you Robert for making this all tangible for us.

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GrrlScientist 🇺🇦's avatar

i think glass-steagall must be reinstated. but then, i'm a person whose funds are few and fleeting. the last thing i (and millions like me) need is to make our funds even fewer and more fleeting. otherwise, what's the point of working when all your funds and many of your assets can disappear forever into a wealthy elite's portfolio?

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