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Ok, so this makes a lot of sense, but let's get real - the chance of a wholesale change to economic fundamentals is very close to zero. Look at who is getting e
by Gatsky 7y ago
Ok, so this makes a lot of sense, but let's get real - the chance of a wholesale change to economic fundamentals is very close to zero. Look at who is getting elected lately.
Mitigating Capitalism's greater evils seems like the only feasible option. The two things that stand out are stopping the incredible concentration of wealth in single entities (eg Saudi Arabia), and preventing perverse economic incentives (see American Health system).
- senectus1 7y agoSaudi Arabia isn't a single entity. Just like "America" isn't. But yes... we do need to deal with the 1% issue that is overbalancing the system
- Gatsky 7y ago"Saudi Arabia is an autocratic absolute monarchy." - https://en.wikipedia.org/wiki/Saudi_Arabia#Politics https://en.wikipedia.org/wiki/Saudi_Arabia#Politics