7 ms·
This is an essay on revising civilization's economy in the face of abundant technology: http://www.ascentofhumanity.com/chapter7-2.php http://www.ascentofhuman
by triplefox 17y ago
This is an essay on revising civilization's economy in the face of abundant technology:
http://www.ascentofhumanity.com/chapter7-2.php http://www.ascentofhumanity.com/chapter7-2.php
He starts from the thesis(previously established) that money earning interest is the source of our massive wealth inequality problem - interest ultimately favors a concentration of wealth on one person, and it also favors destructive practices that make a large sum of money immediately and earn interest exceeding the value of a sustainable solution.
From there he points to multiple alternatives that might bring us towards an equal economy without top-down planning.