Essays in Social Justice

By Thomas Carver Nixon | Go to book overview

CHAPTER X
CONSTRUCTIVE DEMOCRACY

How to secure equality of wealth with liberty, without sacrificing anything that we now prize, such as private property, freedom of contract, freedom of initiative, and economic competition. (Parts of the program are arranged in the inverse order of their importance.)


I. LEGISLATIVE PROGRAM
For the redistribution of unearned wealth.
1. Increased taxation of land values.
2. Graduated inheritance tax.
3. Control of monopoly prices.
For the redistribution of human talent.
Increasing the supply of the higher or scarcer forms of talent.
i. Vocational education, especially for the training of business men.
ii. Cutting off incomes which support capable men in idleness, thus increasing the supply of active talent, cf., 1, 2, and 3, under A.
Decreasing the supply of the lower or more abundant forms of labor power.
Restriction of immigration.
Restriction of marriage.
1. Elimination of defectives.
2. Requirement of minimum standard income.
Minimum wage law.
Fixing building standards for dwellings.
For the increase of material equipment.
1. Increasing the available supply of land.
2. Increasing the supply of capital.
a. Thrift versus luxury.
b. Savings institutions.
c. Safety of investments.
d. "Blue sky" laws.

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