I do not disagree with anything Senator Warren said, but it does smack of rearranging the chairs on the deck of a sinking ship. They are not bad things to do, but they do not directly address the immediate problems of capitalism as it is experienced by those of us who are not of the ‘investor class’. What is needed is economic security — a guarantee of a job paying a living wage for everyone who is willing and able to work and a sufficient income for adults who are unable to work and retirees.
There is a way to accomplish those things — while eliminating taxes and public debt — with a single Act of Congress. As difficult as that is to believe, those outcomes are irrefutably guaranteed with the revolutionary (but not radical) monetary system I have developed. (For the record, I do have an M.A. in economics; a sketch of the system is available at “A Cure for the Ills of Capitalism” here on medium.com; there is more in other essays here and on my Web site www.ajustsolution.com Page: real justice /economy.)
It is not radical because it would not rear down even one part of our existing institutional structure. Rather, it would build on the existing structure to achieve the outcomes cited — and more good things.