>>"It's not about incentivizing stuff; it's about disincentivizing the manifestations of greed for greed's sake"
Suggestions? Examples? Incentives (and disincentives) are created (through various policies) to manifest desirable behaviors (and changes in behaviors).
Example: Increase TAX on smoking to disincentivize the behavior.
Similarly, create policies that disincentivize behaviors that lead to excess greed.
>>"Do you even know what DROVE the economic successes for the middle and upper middle classes in the US during that time period, including 1968?"
There are MULTIPLE reasons.
>>"It was the heavy government subsidization of science, manufacturing and technology SPECIFICALLY to counter the "red menace" during the Cold War"
Is that your theory/intuition? Without falling into the "correlation is causation" trap, how would you justify that line of reasoning?
At the end of WW2, the US had excess production capacity, strong manufacturing base, and a healthy and unharmed economy (unlike Europe, Soviet Union, Japan, etc.). This is when consumerism kicked into high gear and the "American Dream" was a reality (for white folk). Taxes HAD to be increased to fight inflation. That increase in taxes (including personal tax rates and high interest rates) incentivized certain behaviors.
>>"It's not about incentivizing stuff; it's about disincentivizing the manifestations of greed for greed's sake"
Suggestions? Examples? Incentives (and disincentives) are created (through various policies) to manifest desirable behaviors (and changes in behaviors).
Example: Increase TAX on smoking to disincentivize the behavior.
Similarly, create policies that disincentivize behaviors that lead to excess greed.
>>"Do you even know what DROVE the economic successes for the middle and upper middle classes in the US during that time period, including 1968?"
There are MULTIPLE reasons.
>>"It was the heavy government subsidization of science, manufacturing and technology SPECIFICALLY to counter the "red menace" during the Cold War"
Is that your theory/intuition? Without falling into the "correlation is causation" trap, how would you justify that line of reasoning?
At the end of WW2, the US had excess production capacity, strong manufacturing base, and a healthy and unharmed economy (unlike Europe, Soviet Union, Japan, etc.). This is when consumerism kicked into high gear and the "American Dream" was a reality (for white folk). Taxes HAD to be increased to fight inflation. That increase in taxes (including personal tax rates and high interest rates) incentivized certain behaviors.