Should everything be tied to income/wealth? Taxes and college tuition are already tied to income/wealth. Why not food, housing, travel, clothes, healthcare, even drinking water? At that point wealth will stop to have any meaning.
Yes - if we financialize all public services, then it makes sense to use income/wealth to subsidize (re-distribute to be more precise) the poor.
I remember reading a few weeks back that UK is getting the railroads back to public ownership - not sure if that is true, but would like to hear from UK readers on the impact of financialization (aka privatizing) of public utilities.
I am not a fan of public ownership - but a supported of public subsidies for utilities - transport / electricity / heat / water and in this case roads
