• pjhenry1216@kbin.social
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    1 year ago

    Not really. Resources are limited. Work is required to convert raw resources into things that can be consumed. Even if you lived by yourself (on land that would need to be purchased), you’d have to work, likely even more than you do now, but you’d get full value of your work. And you’d still likely not be 100% sustainable and require some imports. So you’d still need to trade, barter, or sell stuff.

    Edit: that being said, I do believe socialism, or at the very least socialistic capitalism is better than what we have now (granted there’s some socialistic programs in place, but not nearly enough or setup properly). The capitalism being practiced right now is much more cut throat than even in the 70s or 80s (when we also taxed the rich much more and surprisingly the economy did wonderfully and didn’t collapse as wealthy people want to suggest). The value of work is being siphoned off and given to the wealthy. They’re taking money others earned and doing very little in return. The stock market is the most toxic thing to our economy.

    • Torvum@kbin.social
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      1 year ago

      Delusional cope ridden final take. The stock market has increased the wealth access barrier for the lower classes more than any institution ever created. Changing investment hands from the regular tycoons and magnates to just your local butcher can hold dividend producing stocks has elevated so many people from poverty to middle class. Your issue is with wealth hording, so call it as it is.