this post was submitted on 16 Dec 2025
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[–] lefthandeddude@lemmy.dbzer0.com 2 points 1 week ago (3 children)

In classical economics, the best way of dealing with this situation is you just tax the rich more and give it to people who produce less value, and eliminate the minimum wage. There should just be some amount that is redistributed and people vote on how much it is and whether to raise it or lower it. If it's raised too much and people get lazy and smart people stop producing, it can juts be lowered. We really should just have it as one single amount, without so much regulatory complexity. UBI will likely happen at some point in some manner.

[–] davel@lemmy.ml 8 points 1 week ago (1 children)

you just tax the rich more and give it to people who produce less value

It’s the rich who produce less value, while having more political power.

The picture is very persuasive. :-/

You win this round, you evil Marxist maniac!

[–] umbrella@lemmy.ml 8 points 1 week ago* (last edited 1 week ago) (1 children)

my problem with taxing the rich, is that you don't eliminate them as the puppet masters of the show. the us itself used to tax the rich an absurd amount but ended up exactly where they were before all over again. it is a stepping stone i wouldn't mind, but has to be accompanied by a departure from capitalism to be truly effective.

the assumption people won't produce anything of value without financial incentive is incorrect too. humans did just that for thousands of years before the invention of financial systems, and do this now even as cost of living and lack of free time pressures mount. (eg. the open source community)

[–] lefthandeddude@lemmy.dbzer0.com 1 points 1 week ago* (last edited 1 week ago) (1 children)

You make good points. You seem really smart. (Who are you?)

If there were enough education among the poor, or poor people were just smart enough, then the ultra rich wouldn't be able to trick the lower classes into voting against their economic interests. Unfortunately, there's no way for that to change, so we're in this perpetual cycle of a selfish rich class deceiving the lower classes into voting against interest using religion and wedge issues as a mechanism.

I still think market economics work really well to distribute resources if you address externalities and don't let the rich deceive the poor into acquiescing into terrible policy.

Once the boomers become a smaller voting block, younger people are bound to vote in blocks that change these horrible policies. The good news is the Internet, and even TikTok, have allowed younger people to be more aware of issues and eventually it will result in better policy.

[–] umbrella@lemmy.ml 2 points 6 days ago* (last edited 6 days ago)

eh, i'm pretty dumb for a communist. with things like gerrymandering and the obvious corporate sponsoring of the candidates themselves, i don't think we will ever really fix what's fundamentally wrong with neoliberal economies. it's gonna take more than just moving the pieces of the game, but rewriting it's core rules.

[–] prole@lemmy.blahaj.zone 4 points 1 week ago

If it's raised too much and people get lazy and smart people stop producing

Imagine actually believing this is a thing that would happen