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A comment on Abundance Isn't Going to Happen Unless Politicians Are Scared of the Status Quo. Parent comment

Re:Abundance Isn't Going to Happen Unless Politicians Are Sc... by pcthrowaway on Thursday March 27, 2025 @01:58PM (#43496148)
> Please get this right, because telling people they need to loose wealth to fix society is a horrible place to be in.

This is often the reality. Massive wealth inequality won't be fixed by making everyone billionaires, it'll be fixed by getting rid of billionaires

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Re:Abundance Isn't Going to Happen Unless Politicians Are Sc... by Ericson2314 on Thursday March 27, 2025 @03:27PM (#43497144)
Even if it is the reality in other ways, it is not the reality on housing in high-demand urban areas.
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Re:Abundance Isn't Going to Happen Unless Politicians Are Sc... by hkt on Thursday March 27, 2025 @02:19PM (#43496411)
Unless you tell the fed to run inflation at 20% for a few decades and tie everything else (wages, pensions, welfare, etc) to that rate. It is called fiscal repression and it has it's drawbacks, but it would serve to end inequality by making everyone billionaires. (The price of a coffee might end up at £1m though..)
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