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1503: Suburban Social Distancing, CEO to Worker Compensation, Dr. Richard D. Wolff Pt. 2
Description
Jason Hartman shares an update on homebuyer demand and yet another article discussing the need for suburban life. However, this article states that the suburban life demand predates the coronavirus, but that COVID-19 and social distancing added fuel to the fire.
Wolff and Hartman discuss the disproportionate pay between CEO and workers. The CEO to worker compensation ratio has changed dramatically. Wolff states that a cooperative/directorship might work using the example of The Mondragon Corporation.
Meet The Masters Virtual: July 31 – August 2
Guests: Sharon Lechter, Harry Dent, George Gammon, Sean Carroll
Key Takeaways:
[1:35] Homebuyer demand Update!
[5:45] "In the 2018 tax bill that we thought lowered people's taxes, will increase people's taxes over the long run by switching the CPI measurement." - George Gammon
[13:30] Some say that the suburban life interest isn't so new, but that social distancing has added to the demand.
[20:00] Returning Guest Richard D. Wolff
[20:45] How do we solve the issue of disproportionate pay between boss/worker, redistribution?
[24:00] How would a company run with a representative republic, cooperative, or directorship?
[25:10] Successful Co-op, The Mondragon Corporation.
[31:45] What is the Yellow Vests Movement?
Websites:
1-800-HARTMAN
www.JasonHartman.com/properties