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Economic inequality has become like the weather: everyone talks about it, but nobody knows what to do about it. Working Assets cofounder Peter Barnes has a plan: pay equal dividends to everyone from wealth we own together.

Barnes argues that, thanks to automation, globalization, and winner-take-all capitalism, there will never again be enough high-paying jobs to sustain a large middle class. The only hope lies in nonlabor income—that is, in jobs plus something more.

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