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> as unproductive wealth transfers. Do you mean progressive taxation here, or something else?
by 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.