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This is why social security needs to be rebranded as "citizen's pay" or some such, funded by progressive taxation and bound to the relative GDP of the country,
by dscrd 14y ago
This is why social security needs to be rebranded as "citizen's pay" or some such, funded by progressive taxation and bound to the relative GDP of the country, or even the planet's. And tax loopholes obviously need to be destroyed.
The current model of humiliating an ever-growing lump of people into a state of depression (both mental and financial), while growing the richest's wealth vastly beyond what's useful for them is not going to end happily.
- znq 14y agoA lot of rich people actually contribute their wealth to society in a much more efficient and effective way than most governments do.
- zanny 14y agoAnd a lot of rich people don't contribute their wealth at all. At the end of the day, we will have, out of ~9 billion people, ~8 billion who have nothing to do, be it they are not capable or skilled enough to take on the most ultra-high-skilled positions that will still require human labor. We will have the means to create the food, shelter, and power for all those people, for no human effort, but tremendous capital investment. It will be a transition towards post-labor, where people pursue their interests, passions, and innovation rather than money. I wonder how that will go. Also, those wealthy will probably own all the automated farms, factories, etc that create this stuff. It is, from the capitalist perspective, the best deal they can make - they have lots of money, and they can make things that infinitely print money for almost no cost and no human labor involved. But productivity without humanity involved breaks capitalism.