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Comments by "" (@alicemerray) on "Gary Stevenson: Tax the rich to fix our economy" video.
Indeed. The potential for future unrest if the inequality gap just keeps increasing is huge and there comes a point when even things like gated communities won't be enough to protect the wealthy from the people they've essentially dismissed. Many speculative fiction writers have suggested what might happen, but actual history also shows it can.
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You'll get a lot of people saying nationalised industries were crap, badly run &c and to some extent it is true. The thing is, it used to be that the people at the top of these organisations were just appointed by central govt, on a sort of Buggins' Turn basis. Instead, any industries we re-nationalise need to continue to be run almost as though they were private - competitive (but not excessive) salaries for executives, who are appointed after a rigorous interview process and who are told to make the company work properly. Who don't have to report to some committee every five minutes for permission to bring in a new product, or service. They should even try to be 'profitable' in many ways, it's just that those profits would all be ploughed back into the business, not paid out to shareholders.
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