Stephen Yearwood
1 min readFeb 25, 2019

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In other words, the system is set up that way, so it must be for the best?

I have developed an alternative. It is not based on ending — or even lessening — inequality in incomes or property/wealth. It does, however, provide the means to eliminate unemployment and poverty — as well as taxes and public debt. [For the record, I do have an M.A. in economics.]

You can (like almost everyone else) ignore it if you want to, but those outcomes are built into the structure of a revolutionary (but not radical) monetary system; they do not require any changes in economic behavior. (It is not radical because it would eschew tearing down so much as one piece of the existing institutional structure.) The existing economy would become stable and self-regulating, like a market-based economy should be.

If curious, I do have a Web site, www.ajustsolution.com. (I’ve been informed the link doesn’t work, so the address would have to be typed.) I have also published relevant essays here on medium.com, including “Extending Democracy to Our Capitalist Economy to Transform Our Society” and “A Cure for the Ills of Capitalism.” (Note that both refer to retaining capitalism.) This proposal does provide the means go further to also eliminate exploitation (which I would vote to do), but even then there would still be no limit on income or property/wealth.

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Stephen Yearwood

unaffiliated, non-ideological, unpaid: M.A. in political economy (where philosophy and economics intersect) with a focus in money/distributive justice