Yes I understand the US is mainly a service economy now, but an all service economy is not sustainable. Neither is an all production economy as that insinuates continued growth and the continuance of people purchasing or using said service. Is there anything wrong in making things more sustainable... it may reduce/eliminate profits, but what do profits really mean when you look at the big picture.
This is more of a fundamental change on how our economy works. Can we not see the current set-up is not working and there will always be an underclass. Because to have all those riches you inevitable are taking it from the poor.
I agree increasing taxes is one way to temporarily fix and decrease the spectrum of wealth, but it is not a cure all. Because don't you think if they could "hire" more people to make more product or service that they would? If you need more product and the demand is their you would hire more. So actually yes I do see a correlation, more money in the hands of people that will spend to purchase product and service instead of hording it all with a certain class of people.
But how long can this current system last, 100 years? 50 years? Everything is based on energy, when energy becomes more expensive everything else becomes more expensive. I would say a way out of this mess to is find or create cheaper energy, then in turn everything becomes cheaper. But you if have an energy source that is sustainable for long periods of time, the supply is huge and demand is low so less profit. Also with finite energy sources you almost want people to consume more for profit because it will run out. How can these people need so much wealth, what are they accomplishing, are they making life better for anyone? What if some corporations ran on a non-profit basis, and the profits that, they did have, trickled back down to higher wages, and a cheaper product.
This is more of a fundamental change on how our economy works. Can we not see the current set-up is not working and there will always be an underclass. Because to have all those riches you inevitable are taking it from the poor.
I agree increasing taxes is one way to temporarily fix and decrease the spectrum of wealth, but it is not a cure all. Because don't you think if they could "hire" more people to make more product or service that they would? If you need more product and the demand is their you would hire more. So actually yes I do see a correlation, more money in the hands of people that will spend to purchase product and service instead of hording it all with a certain class of people.
But how long can this current system last, 100 years? 50 years? Everything is based on energy, when energy becomes more expensive everything else becomes more expensive. I would say a way out of this mess to is find or create cheaper energy, then in turn everything becomes cheaper. But you if have an energy source that is sustainable for long periods of time, the supply is huge and demand is low so less profit. Also with finite energy sources you almost want people to consume more for profit because it will run out. How can these people need so much wealth, what are they accomplishing, are they making life better for anyone? What if some corporations ran on a non-profit basis, and the profits that, they did have, trickled back down to higher wages, and a cheaper product.
"...the illegality of cannabis is outrageous, an impediment to full utilization of a drug which helps produce the serenity and insight, sensitivity and fellowship so desperately needed in this increasingly mad and dangerous world."
- Carl Sagan
