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Ultimately, all wealth is derived from the consumption of the teeming masses. There is no point to owning a warehouse if no goods flow through it. There is no
by Kon-Peki 2y ago
Ultimately, all wealth is derived from the consumption of the teeming masses.
There is no point to owning a warehouse if no goods flow through it. There is no point to owning vast tracts of farmland if the food it produces is not purchased and eaten. An empty office building has negative value. Etc.
UBI is an interesting idea to deal with such a situation, but is guaranteed to fail because there is enormous incentive for the wealthy to avoid paying their fair share.
So what will happen? Massive wealth destruction, unevenly distributed. What will that cause? The wealthy to go to war against each other.
Your one and only job is to figure out how to avoid becoming collateral damage.
If you make it through to the other side (if anyone makes it through to the other side), your existence will be more highly valued than it is now.