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You forgot the last question, though it might be implicit: how does the new system protect itself from change? One of the strengths of the existing system, from its point of view, is that it's very resistant to change because the short-term interests of many people depend on its not changing.
by Colman (colman at eurotrib.com) on Fri Jul 13th, 2007 at 06:14:54 AM EST
[ Parent ]
I think I have a partial idea of how to get there from here, though: guarantee everyone a living income (say, above relative poverty level: 60% of median). Rewards those who do work but let people not work if they don't feel like they need more income than the guaranteed minimum. Share work by limiting the working week. If the absolute living standard starts to sag, more people will be motivated to work to make up the difference. If anyone rants about the protestant work ethic, lock them in an insane asylum.

Can the last politician to go out the revolving door please turn the lights off?
by Migeru (migeru at eurotrib dot com) on Fri Jul 13th, 2007 at 06:22:41 AM EST
[ Parent ]
Oh, and tax wealth (property).

Can the last politician to go out the revolving door please turn the lights off?
by Migeru (migeru at eurotrib dot com) on Fri Jul 13th, 2007 at 06:23:15 AM EST
[ Parent ]

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