RE: "The time has come for us to civilize ourselves by the total, direct, and immediate abolition of poverty." - Martin Luther King Jr.

Thank you for your most informative post. I have become firmly convinced that we need some system of guaranteed individual income, or our system of capitalism will collapse. Capitalism is superb at creating wealth, but distribution has always been a problem. Now, people don't have the savings or income to make new investments or buy new products. This is not a recipe for long term stability.
Anyway, thank you for the fresh take on Martin Luther King, and for keeping us all informed. Keep up the good work!