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International scheme to tax billionaires’ wealth technically feasible, study finds
(www.theguardian.com)
this post was submitted on 25 Jun 2024
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Sadly I doubt the US would ever go along with this even though our citizens would strongly support it. The wealthy have too much power here.
The way the US political system works is that it really requires solid majorities to want something.
So it will take a long time where nothing seems to happen and then suddenly big changes can happen.
I remember back in the 90s, it seemed impossible to ever get a black president, gay marriage or legal marijuana.
Or look at student loans or universal healthcare. Not perfect, but steps have been made.
So yeah, I do think the USA will lag for a long time and then suddenly surprise us all.
By "surprise" I assume you mean a capital-friendly, poorly implemented solution that does not solve the underlying problem. All of your examples illustrate this.
The first black president was a war criminal who enacted a right wing agenda.
Gay marriage is likely to be overturned by our billionaire-owned, unaccountable Supreme Court.
Legal marijuana is a patchwork- the best states have inefficient and nonsensical cannabis regulations, and the worst states still have inhumane, draconian punishment.
Despite the small amount of forgiveness, the total amount of student loans owed is rising. Currently we are at a record high of $1.75 trillion in debt.
And as for universal healthcare, the number of uninsured and underinsured keeps rising. The number of deaths due to lack of access keeps rising. And there are many people, like myself, who have had their lives destroyed by medical bankruptcy. The entire system is designed to maximize profit, patient health is a secondary concern.