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by hdndjsbbs 20 days ago
If the government guaranteed basic human needs are met for every person (food, shelter, healthcare) there would be less of a need for giant pools of public money (pensions, insurance) sloshing around.

Mass index fund investment is basically socialism but stupid. My retirement money is going to get invested in the SpaceX IPO against my will. The market is not efficiently allocating capital, it's structured to allow elites to skim off the top while forcing middle class people to subsidize them.

1 comments

Where the do you think the government gets their tax money from if not the market? That is like saying we shouldn't kill animals from meat, we should just buy it from the store.
The government needs money to buy products from the market. If the government controlled the means of production, they wouldn't need money because they would just make things themselves.

In a hybrid scenario where there is still a market, we would ... collect more taxes to pay for this stuff? It seems like you came up with a pithy response and tried to back up into a critique that doesn't make sense.