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What should the New Deal be like?

We are living in an age where 1% of the population have 30% of the wealth, and as those plutocrats grasp that wealth tightly and give their sons and daughters every opportunity to follow their own paths, they turn into aristocrats and so the system goes on. I don't say the government has to cut the incentives and collect equal amount of tax from the "biggies". Taxation already differs for those biggies contributing to economic growth. But on the other side of the coin there are those who can't make the ends meet. Minimum wages are just above the poverty line. So, how is it possible to solve the problem of excessive inequality in income distribution? What can be done to implement the necessities of being a social state?

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  • Sep 23 2013: I'm not sure if the view that "we survived the industrial revolution" isn't a bit short sighted. We are still in that revolution, it is inexorably moving a higher percentage of people into the unemployable category. Decades ago futurists predicted shorter working hours. We've got it, but it isn't evenly spread; some people are not working and others are working harder.
    If we want a just society we need to find a way to make the growing mass of unemployed people feel that they are part of society, that they have value. That means restructuring our society.
    The result if we don't do this will be a larger and larger mass of people who know that they have no value and will attack those that have the power. Who could blame them?
    The New Deal requires us to reengineer society so that the boundary between wealth generating jobs and "good for society" jobs becomes blurred, and that anyone - by choice or circumstance - can work on public good projects for the benefit of us all. This cannot be a "make work" solution; but a wish by society to redirect the spare resource into projects that enhance all of our lives.
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      Sep 23 2013: A solution to the purpose you have mentioned is really needed. Of course, the huge gap between wealth generating jobs and "good for society" jobs should be closed for good. Or else, we will see more of the scenarios like the Arab Spring in the western countries as well. It is just a matter of time and paitence of the society. But you are talking about a reengineering. What kind of reengineering are u taling about? How should it be implemented? Any more ideas?
      • Sep 24 2013: I wish that I (or anyone) had a clear picture of what the re-engineered society would look like. I believe we have two possible paths. In one we ignore the realities and regard the unemployable as failures. That way lies increasing internal conflict and the need for the successful to live a gated life.
        The other way is to look at the people attacking society now and ask why. There are almost no jobs available for people at the bottom of the bell curve of intelligence. They are humans and deserving of respect, but their conditions cause them to behave in ways which they lose respect and we can decide it is all their fault.
        In my own country I can think of many projects which could be carried out by central government or by companies contracted to central or local government. The cost to the government of works carried out using humans rather than machines would be higher, but from that cost must be deducted the unemployment costs, the costs to society of a group of people who have nothing to do and feel worthless. Added back would be the value of a society where we each new that all of us can hold our heads up.
        I am sure that this is only a first stab at an answer, and I don't pretend to know that answer. What I am sure of is that if we don't find it the problem will consume us.

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