Hacker News new | ask | show | jobs
by refurb 1269 days ago
How basic?

We could have 75% of the population stop working now and the taxes on 25% could provide basic sustenance for everyone.. at 1910 levels.

Same thing would happen with automation, some people would keep working, get 2-3x the wealth and everything that comes with and we’re in the same spot we’re in today.