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lipowitz | 8 months ago

Increasing total prosperity is the wrong goal if distribution is completely unregulated. Investor and real estate owning classes like the 1% get more, the salaries can trend down because food costs are down, in a deflation spiral the youth are perpetual dependents and/or debtors who can't possibly earn enough over day to day costs given global competition includes people with no debts or debts from an economy that was less wealthy.

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eru|8 months ago

When and where has that ever happened?

Btw, most countries have taxes and welfare anyway.