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>Why should the we accept the continued downfall of public institutions A government spending less money does not equate to spending less money on public insti
by lotsofpulp 1y ago
>Why should the we accept the continued downfall of public institutions
A government spending less money does not equate to spending less money on public institutions. It can even mean spending more money on public institutions, assuming less money is spent on other things, such as unproductive wealth transfers.
- disgruntledphd2 1y ago> as unproductive wealth transfers. Do you mean progressive taxation here, or something else?
- lotsofpulp 1y agoSpending that will not benefit citizens in the future.
- disgruntledphd2 1y agoSo benefits i guess? Or pensions? Sounds like you want the government to only spend money on capital projects which is reasonable, but it'll be very difficult to get there from here, given all the benefits/transfers that governments engage in.
- lotsofpulp 1y agoYes, especially in democracies with flattened and top heavy population histograms, since the young will never be able to outvote the old.
- disgruntledphd2 1y agoAh ok, I see where you're coming from. Very difficult to achieve this in a democracy though, so probably productivity increases and wealth taxes will be needed to fill this gap.