Re:I’m not saving ninety percent of my income for myself
by luckylion on Saturday June 08, 2019 @12:57PM
(#20133486)
> Many people I know can't start a business or do risky things because of food, shelter, medical insurance/premiums.
I believe that's a personal thing, some people would, but most wouldn't. Some people would get hyper productive if everything was taken care off, others would barely leave their flat.
> I know I'd jump if I knew that if/when I failed, I wouldn't be destitute.
You wouldn't be in Western Europe. Yet, very few people jump and take a chance. I don't think that the effect is that large, if it exists at all - don't forget that social safety nets come at a price: (very) high taxes, lots of regulation, entrepreneurship isn't looked at the same way, the systems are rather static.
I believe that's a personal thing, some people would, but most wouldn't. Some people would get hyper productive if everything was taken care off, others would barely leave their flat.
> I know I'd jump if I knew that if/when I failed, I wouldn't be destitute.
You wouldn't be in Western Europe. Yet, very few people jump and take a chance. I don't think that the effect is that large, if it exists at all - don't forget that social safety nets come at a price: (very) high taxes, lots of regulation, entrepreneurship isn't looked at the same way, the systems are rather static.