If people had money and were able to take care of their needs, they would spend more than the billionaire who just keeps it but doesn’t use it. Money spent would drive the economy creating revenue that can be reinvested into the business to increase efficiency and capacity.
But to address your point, redistributing billionaire wealth directly into workers hands wouldn’t make everyone rich. Yes people would have more money, at least at first. This is why socialists believe in controlling the means of production. Desperate people cannot afford to go on strike and they cannot take time off work to vote. They can’t afford to take time to find better jobs.
Fair wages doesn’t make everyone poor. Arguing that everyone can’t be rich isn’t a sincere argument. You’re arguing that we need people to be poor and desperate.
Janx@piefed.social 5 days ago
You wouldn’t be creating currency, only redistributing it.