Comment on What's the endgame when the rich have all the money?
TrickDacy@lemmy.world 2 days agoI’m not an economist but I don’t think an entire economy can support itself on whales. We built an entire society off the idea that you need poor people to do jobs no one else will do. If those people starve to death, it’s not like rich people will just do their jobs because they need to be done. Your theory here only makes sense to me if I look at a couple individuals at a time.
Postmortal_Pop@lemmy.world 2 days ago
I never said they’d do away with us, we simply won’t be part of the “economy”. The fineries of life will become increasingly limited to the haves and we have-nots won’t be considered in the metrics in the same way that some people do tolerate the ads in a game otherwise meant to catch whales. We’ll still work for our wages and spend it on our necessities but the island of what is meant for us will shrink and eventually lottery players will dream of ordering pizza instead of owning a
yachtbuying a nice carpaying off their debts.TrickDacy@lemmy.world 2 days ago
I kind of get what you mean, and again, not an economist, but I think the only way this capitalism thing ever “worked” was if money constantly flowed. If parts of that flow stop, it’s eventually gonna cause problems even for the rich that even “whales” can’t solve. We’re talking about whether or not money holds any value. Even a lot of billionaires could end up without much in terms of resources if that were to happen. Having a fancy car and house suddenly means a lot less once money is meaningless. I think it’s hard to even fathom all the effects of that, even for people who study economics. We are a few generations deep in this particular kind of society. Hurts my head to think about because it’s so foreign for me to imagine a world without money.