Sometimes I wonder if Global Warming is really the big issue.  I don't know if we will survive the economic issues long enough to suffer from global warming.  The continuing accumulation of wealth will either drive large parts of the population into squalor conditions and/or lead to large scale revolt.  (Brush up on the French Revolution.) 

One problem with the current economic split is the reductions of high-value, moderate skill tasks.  In the factory heyday, a person could work through a series of journeyman positions and acquire a set of skills with some reasonable value.  With a moderately closed economy and strong union, the worker could recover a reasonable wage.  Those mid-skilled, high value jobs are under the most threat.  Manufacturing output in the US is at an all time high.  However, US manufacturers are held back because they can't find qualified applicants.  The US has the best education system in the world. We need to use it to teach both the skills to work in modern manufacturing, and the creativity to take advantage of opportunities created by new technology.  Historically, technology has replaced outdate jobs several times over and will likely do it again.  It would just be nice to smooth the process by helping people get prepared.

Free trade agreements have been blamed for taking jobs out of the US to low paying countries.  An easy solution would be to require wage parity in trade agreements.  Not wage parity in terms of local purchasing power; wage parity in terms of US dollars per hour of work or unit of production.  Seems easy enough...

The biggest threat is still the gross differences in wealth accumulation around the world.  If the people with the money don't figure out a way to distribute it, those without will eventually figure out a way themselves.  One idea is to tie capital gains tax to the increase in payroll during the time a person owned stock in the company.  (*See note below for an example.) 

 

Raising minimum wage has been proposed.  Opponents claim employers will just fire employees.  Employers need employees to bring in revenue.  Reduce employment and they will reduce revenue.  Employees do face a risk of displacement due to technology.  However, that risk is spread throughout the employment spectrum, not just those at the low end of wages.  Raising minimum wage to $15/hour would not bankrupt companies but it also is not enough - especially if benefit eligibility is not adjusted accordingly.  Unfortunately, $15/hour is not enough to be a 'living wage'.  $25/hour is more appropriate.  Economically, we can't just pay $25/hour to everyone - we need to make everyone worth $25/hour.  Back to Education...

Inheritance taxes were developed to break down "dynasty families" and help create a more equal opportunity to pursue happiness.  Look for Alt Radical Lefties to dramatically increase inheritance taxes if those families don't step up to level the playing field.

Equal education is vital to equality.  Alt Radical Left will look to significant changes in funding and oversight to ensure adequate resources are devoted to all students.  Another section can be devoted to education reform.

Health care is another area tightly related to economics.  The Alt Radical Left will go further than ObamaCare to provide all citizens with access to doctors.  It also deserves its own section.

*For example, the seller could keep 2% of the gain tax free for every 1% increase in payroll during the time of ownership.  The rest will be  taxed at 95%.  If the company has a payroll of $1M when the stock is purchased and it goes up to $1.2M when the stock is sold, the owner can keep up to 40% of the gains tax free.  If the company lays off a bunch of people to drive the value of the stock up and the payroll shrinks, all of the capitol gains will be taxed at 95%.  If an investor funds a startup with 20 people and grows it to 100 people, the payroll will certainly have increased over 50%  so the investor can keep all of the gains tax free. 

How does a person learn to code through on the job training? 

Economics