Word: redistributionism
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Through much of the 20th century, individuals and groups that were committed to social justice tended to orient their campaigns around the issue of economic redistribution. There was a strong sense that poverty and extreme inequality were detrimental to citizens’ participation in social life. In terms of this...
In contrast to both the state administrators supported by traditional Keynesians and the entrepreneurs favored by economic libertarians, contemporary innovators of redistribution emphasize the role of the public as a third actor in shaping economic life. One example that they often point to is the participatory budgetary process of the...
Despite the belligerent words, Paul Quinn-Judge, the International Crisis Group's director in Central Asia and a former Moscow bureau chief for TIME, says a civil war between the north and south of the country is very unlikely, even if Bakiyev has resources at his disposal to resist the...
“If there’s a major redistribution of wealth we could see a structural change, but I don’t see that as a major issue,” he said.
To be sure, the bill that emerged from the Senate has problems. But it is landmark social legislation that guarantees and subsidizes health care coverage for 30 million Americans who don't have it now. Yes, this means a lot of new customers for the insurance companies - but the insurers...