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by race2tb 1184 days ago
I mean when enough people are unemployed they will just vote to socialize the society. Also, massive deflation will reset the global economy. The social ladder as you call it will flatten pretty hard. At that point we nationalize and ubi with work being some kind of minimum amount a year to qualify for ubi. Work hours per year will drop alot. I think society will transform for the better where we start developing towards a post scarcity deflationary future rather than the inflationary rat race we have now.