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There is no pragmatic alternative. A debt-backed financial system will always fail to adequately provide for unproductive populations (children, elderly, disabl
by quacked 4y ago
There is no pragmatic alternative. A debt-backed financial system will always fail to adequately provide for unproductive populations (children, elderly, disabled, insane). In fact, every financial system will fail to adequately provide for that population. The only thing that can provide for them is the deliberate actions of productive, able-bodied people, regardless of what financial system everyone is participating in.
I have a lot of ideas about what could be done, but it's all armchair revolutionary theorizing.