Re:Is the world economy entering a wage-price spiral?
by imtringued on Wednesday October 20, 2021 @04:16AM
(#28928103)
>So, the solution? Uh, hmmmm...lemme get back to you on that.
There are three.
Either you do the usual: income sharing (welfare and progressive taxation).
You do the next best thing: Let people spend all their money and if they don't do it themselves, let the government borrow money to do it.
Or you do the best thing that is impossible to implement: Work sharing. Make people work exactly as much as they demand work for themselves. You're a billionaire and have too much money? Easy, let someone else who wants to become a billionaire do the job and become a billionaire too.
There are three.
Either you do the usual: income sharing (welfare and progressive taxation).
You do the next best thing: Let people spend all their money and if they don't do it themselves, let the government borrow money to do it.
Or you do the best thing that is impossible to implement: Work sharing. Make people work exactly as much as they demand work for themselves. You're a billionaire and have too much money? Easy, let someone else who wants to become a billionaire do the job and become a billionaire too.