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> But honestly the fine details of this hypothetical cash transfer don't matter. It's a thought experiment to demonstrate the absurd situation here: a handful o
by zaptheimpaler 6y ago
> But honestly the fine details of this hypothetical cash transfer don't matter. It's a thought experiment to demonstrate the absurd situation here: a handful of people in this country are amassing more wealth than entire nations while millions of people are struggling to keep a roof over their head. Structuring our society that way is a choice, and I don't understand why anyone thinks it's a sensible choice.
Redistributing that wealth wouldn't create any more houses or food, it would only bid up their prices. For example, in the bay area, rents steadily increased as salaries did because supply of housing stayed the same. Adding more money to a system with the same amount of goods being produced does not change anything. SF has been unable to build more housing, or maintain public infrastructure, or take care of the homeless and thats all in the midst of a tech boom and tons of tax revenue. Thats evidence to me that the problems are simply not about a lack of money.