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Products that are produced by employee-owned, co-ops, or non profit businesses. Even then, however, those organizations will have operating expenses - for insta
by AndyKelley 1y ago
Products that are produced by employee-owned, co-ops, or non profit businesses. Even then, however, those organizations will have operating expenses - for instance renting a building. The only meaningful way to get the money circulating back through the economy is taxation. Or, if that doesn't happen enough and the disparity becomes too great, war and/or collapse of society will chaotically and capriciously redistribute wealth, restarting the cycle. The French Revolution comes to mind.
- opo 1y ago> The only meaningful way to get the money circulating back through the economy is taxation. Scrooge McDuck is a fictional character. Rich people don't have all their money hoarded in a pool of gold coins - excess money is invested back into the economy.
- AndyKelley 1y agoAn investment is a measure of wealth. It's a credit, which is someone else's debit.