Something like universal basic income along with free healthcare, education and social safety nets definitely is an attractive idea but even providing the basic needs for everyone is expensive as hell and you can’t just pay for it by cutting CEO pay. Economy is such a complex system that radical changes like this are guranteed to introduce new unexpected problems. That doesn’t mean that we shouldn’t try and find ways to make the world a better place for everyone but I feel like so many people naively think that the solution is obvious and right there and we’re just not doing it.
I think that’s the key question. Like, I get capitalism is hedgemonical (is that even a word?), but what alternative do you propose?
“Capitalism is the worst economic system, except for all the others.”
What about socialism - ie, everyone gets their basic needs met, but is free to work for more.
Something like universal basic income along with free healthcare, education and social safety nets definitely is an attractive idea but even providing the basic needs for everyone is expensive as hell and you can’t just pay for it by cutting CEO pay. Economy is such a complex system that radical changes like this are guranteed to introduce new unexpected problems. That doesn’t mean that we shouldn’t try and find ways to make the world a better place for everyone but I feel like so many people naively think that the solution is obvious and right there and we’re just not doing it.