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by venomsnake 3990 days ago
> Unless productivity picks up, wages cannot grow. Investing more in education, health care and technology is the normal way of boosting productivity growth.

We could always put progressive tax on capital and property. It will be very efficient redistribution.

1 comments

Yes these were the rules. And then the rules changed. Now people don't need an education as what are they going to do with that education if there are no jobs. There is no need for more productivity because there are no more jobs, the robotic algorithms are already designed to auto-optimize and so they are as efficient as can be. Health care eats most of the the budget because people are old and don't want to die. etc. etc. </hypothetical future>