A Labour Party study proposed a list of ways to restructure the global economy to replace plutocracy.

It is a good start, but I think it can be improved in some areas. For example, it makes general statements about "intellectual property" which lump together various laws as a single confused mixture, and considers this only in regard to its effects on taxation of business.

Making big businesses pay more tax is very important, but some of these laws also harm people directly — while others do not. A wise policy on each of these laws can't be formulated at the vague, abstract level that the term "intellectual property" implies. And my tax proposal can deal with the problem with no need to pay any attention to any of these specific laws.