2 ms·
I think there's one opportunity you're missing. If you give non-workers enough only for basic needs, then they are basically outside the interesting part of th
by cookingrobot 13y ago
I think there's one opportunity you're missing. If you give non-workers enough only for basic needs, then they are basically outside the interesting part of the economic system. They don't make meaningful decisions about where their spending goes.
If instead you give them more than that - enough to have disposable income, then all of that spending will trickle up to those who choose to create and work. (all economics besides redistribution are trickle up economics). This means healthy markets and rewards for staying in the workforce. So we get the benefits of capitalism and innovation, instead of just feeding and sheltering most of the population with basics.