“the practical steps to correcting our political economy are relatively obvious. The difficulty lies is getting them through as political programs.”
Correct. That’s why advocating a policy of a 50% discount/rebate at retail sale would be so effective because it unifies the interests of the traditionally opposed political perspectives of labor and management….against the real problem which is the too big to fail banks and their monopolistic paradigm of Debt Only. A 100% increase in purchasing power for the individual is simultaneously a 100% increase in potential business revenue for virtually every business model but finance after all.
And functional finance is really nothing more than the palliation of bank dominance and economic de-stabilization.