In modern capitalism, a humans worth to society is determined by their ability to consume, not create.
I fully agree with the idea that currently our economy is constrained by demand, because people do not earn enough. I don't believe we can fix this by using an UBI, which would create an even worse power dynamic between rich and poor as well as working and non-working people, but by increasing labours share in generated profit.
We need to put more money in peoples hands, instead of shareholders and stock markets. And we need to use money to lift people from poverty, instead of using it generate real estate bubbles.
Send me a message if you have an idea how to do that ;)
In modern capitalism, a humans worth to society is determined by their ability to consume, not create.
I fully agree with the idea that currently our economy is constrained by demand, because people do not earn enough. I don't believe we can fix this by using an UBI, which would create an even worse power dynamic between rich and poor as well as working and non-working people, but by increasing labours share in generated profit.
See wage share: https://www.wikiwand.com/en/Wage_share
We need to put more money in peoples hands, instead of shareholders and stock markets. And we need to use money to lift people from poverty, instead of using it generate real estate bubbles.
Send me a message if you have an idea how to do that ;)