2016 Postmortem
In reply to the discussion: Sanders is willing to sacrifice growth for the sake of redistribution. [View all]Xyzse
(8,217 posts)Current growth is top heavy, and much of it is built on the idea of commercializing product brand in lieu of innovation, utility and improvement.
Current goods and services are marketed and placing a price that is in no way indicative of its value, particularly as much of it is over manufactured, due to demands on productivity.
We are actually probably finally hitting the snags of that, with more goods in comparison to those that could actually afford to buy it. We have over-supply in manufactured goods that are waaaaay over-priced, but it is being sold due to the brand creating an inflation of demand, which is being propped up by credit.
In doing so also, it has become a commercialization of debt, where what is sold and bartered is the human capital, where a person would pay in monthly struggling to keep up with increased charges.
So yeah, if it would cut down on that type of growth, because much of the growth is through debt, over production and people just struggling to keep paying a monthly to banks, I am ALL FOR THAT.
So, I do not see Bernie's method as a bad thing.
On edit, since I forgot to say this: You are right that this is very hard to explain to the general electorate. I do not know how well this will play, though I am supportive of this idea.