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Measure productivity different from money made. The point is that based on current production levels, we could provide everyone with sufficient food, decent hou
by rocqua 9y ago
Measure productivity different from money made. The point is that based on current production levels, we could provide everyone with sufficient food, decent housing and basic amenities like water and electricity.
The reason this doesnt happen is that those who sell the food, or build the housing are better off getting paying customers. This makes sense as a market, sellers are self-interested. It also leads to a certain kind of optimum. But certainly, as a matter of production, it is feasible to give everyone a modest life without needing to change productivity.
As a matter of social stability, it isn't feasible, but in some sense, that should be a denouncement of society.