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by triplefox
6222 days ago
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This is an essay on revising civilization's economy in the face of abundant technology: http://www.ascentofhumanity.com/chapter7-2.php He starts from the thesis(previously established) that money earning interest is the source of our massive wealth inequality problem - interest ultimately favors a concentration of wealth on one person, and it also favors destructive practices that make a large sum of money immediately and earn interest exceeding the value of a sustainable solution. From there he points to multiple alternatives that might bring us towards an equal economy without top-down planning. |
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