a more redistributive state, a more aggressive state intervention in the economy, a weakening of the centrality of waged labor, and a broadening, service-based form of worker activism.
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Actually those four things are likely to further slow the economy, reduce tax revenue, and impair our ability to fund the social safety net. Capital, business formation, jobs and growth will move to a less punitive state. Great for their citizens, disaster for ours.

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