[lipowitz]

Increasing total prosperity is the wrong goal if distribution is completely unregulated. Investor and real estate owning classes like the 1% get more, the salaries can trend down because food costs are down, in a deflation spiral the youth are perpetual dependents and/or debtors who can't possibly earn enough over day to day costs given global competition includes people with no debts or debts from an economy that was less wealthy.

[eru]

When and where has that ever happened?

Btw, most countries have taxes and welfare anyway.