this post was submitted on 28 Mar 2025
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That will only happen if a society completely is reorganized to get rid of money or if they introduce universal basic income (at a rate that actually allows people to live).
Realistically I can't see either of those things happening.
Just shifting the tax burden from salaries toward capital should make it less of a problem. When capital income is taxed less than salaries wealth concentration gets worse as workers are replaced.
But hey, GDP line goes up, so it must be good right?
Or, more broadly, when individuals are recognized as valued participants in the community rather than obsolete expenses to try and scratch off the books.
Not under current business and political leadership, no. But with a strong union movement leading a next generation of working class people... maybe.
What about the transition.
Because this will take time to happen, and the thing about not eating because you have literally no money, is it's a rather immediate concern. You can't just wait a decade or so for everyone to sort it out.
It'll likely be a bloodsoaked mess, given the history of these things.