I think I agree with almost every proposal stated in this text:
"With regards to information, the challenge is to design intellectual property laws that restrict the right of private parties with proprietary knowledge to extort the rest of society and stifle innovation in the process. This means shortening the life of patents and increasing the requirements for awarding one. At least in certain critical fields of knowledge production, such as life-saving medicine, a strong case can even be made for scrapping patents altogether in favor of a fixed number of payments to inventors of new drugs and treatments. Financing open-source platforms, coding languages, and hardware is another avenue for democratizing control over information.
Under the umbrella of predistribution, we can also place policies that significantly affect the broader economic environment. Antitrust laws are one example. By aggressively curtailing anticompetitive practices, regulators prevent the dominant firms in any given sector from calcifying their power on the market over sellers and buyers alike.
Another example of a predistributive policy is the much-debated national job guarantee. Such a policy would force the private sector to contract on terms that are at least as desirable as those found outside of it — or face a drying up of applicants.
Now, it is not my intent to offer a full-throated defense of these policies, some of which recommend themselves better than others. My aim is rather to draw attention to the thread that is common to all of them. By recognizing that the market rewards relative scarcity, predistribution acts to shift the power that accrues to asset holders in societies characterized by highly unequal ownership."
https://jacobin.com/2025/10/left-inequality-predistribution-economic-policy
#Predistribution #LaborLaw #JobGuarantee #Redistribution #PoliticalEonomy #Inequality