“O'er the Land of the Free, and the Home of the Brave.” 🇺🇸 🦅 

A post with deep philosophical meaning. Perhaps impossible to discuss with a Harvard economist whose salary heavily depends on the status quo.

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1. Abolition of property in land and application of all rents of land to public purposes.
        
2. A heavy progressive or graduated income tax.
        
3. Abolition of all right of inheritance.
        
4. Confiscation of the property of all emigrants and rebels.
        
5. Centralisation of credit in the hands of the State, by means of a national bank with State capital and an exclusive monopoly. ‼️

excerpt from: KARL MARX AND FRIEDRICH ENGELS, The Communist Manifesto

Btw, the Federal Reserve was created in 1913 when US income tax was low single digits. 

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