Re:The “Sharing Economy” Is the Problem
by dllthomas on Tuesday July 07, 2015 @11:30AM
(#9846032)
"Would the numbers add up to anything above trivial?"
Initially? Probably not for those in developed countries.
The median per-capita household income (per http://www.gallup.com/poll/166211/worldwide-median-household..., as of 2013) is about $3k/yr. For half the people on the planet, $100/yr would make an appreciable difference in their purchasing power (more than 1/3 their monthly income).
Is that a practical amount? $100/yr for every person on the planet is less than 5% of the GDP of the US, and less than 1% of the global GDP (GWP). If the US was going to foot the bill alone (it shouldn't), it would be about a quarter of our tax revenues. Steep, but doesn't sound financially impossible (political and infrastructural issues may well be another matter).
Initially? Probably not for those in developed countries.
The median per-capita household income (per http://www.gallup.com/poll/166211/worldwide-median-household..., as of 2013) is about $3k/yr. For half the people on the planet, $100/yr would make an appreciable difference in their purchasing power (more than 1/3 their monthly income).
Is that a practical amount? $100/yr for every person on the planet is less than 5% of the GDP of the US, and less than 1% of the global GDP (GWP). If the US was going to foot the bill alone (it shouldn't), it would be about a quarter of our tax revenues. Steep, but doesn't sound financially impossible (political and infrastructural issues may well be another matter).