What exactly do you mean by:
> allocating less money to capitalists, and more to workers
?
Where are those ratios coming from, who's allocating this money, and how would you change the ratio?
Where are those ratios coming from, who's allocating this money, and how would you change the ratio?
Back then, the US had a tax structure that meant that the 1%ers paid much more in income taxes (FWIW, the poor also paid less in FICA); government was better funded, and could hire more people to clean up some of society's loose ends.
I'm not a fan of "basic income", although some "welfare" may have a place, but there is a lot of infrastructure that goes into supporting a business friendly environment, as well as making the country a nicer or safer place to live.
Of course, the powers that be in this country don't want us to turn into some kind of socialist hell-hole like Germany or Sweden :-)
It always makes me laugh when I see this sort of talk in places like Hacker News. This is a very privileged subculture. If the proletariat rises up, the "intelligentsia" of Silicon Valley will likely be on the chopping block.