This Time For Sure

Posted as a comment to this article:

Look. Capitalism has worked. The world is awash in capital. We used to have tons of nature & not much capital, now we have tons of capital but a rapidly diminishing amount of nature.

Since the 1950s we have been in a post scarcity economy - else the marketing industry would not be spending $$$B to convince people to buy things they don't need.

There's plenty to go around, for the whole world. We just need to thank capitalism for the great job it did accumulating capital and then adopt an accounting system that changes our score keeping algorithms to where everyone wins, not just the .01%.

The filthy rich will still be filthy rich. We may not even need to go to the punitive 95% tax levels of the 1950s - the greatest decade ever, right, old white people?

Money is software. We can literally say "OK, everyone is rich now!" and make it work. Everybody won't get a McMansion. but, we can have universal health care; universal education, academic or trades, to whatever level you are capable of; universal basic income; universal capital access; and NO HUNGRY CHILDREN WITH STUNTED BRAIN GROWTH.

I've said this so many times, I think I keep on doing it periodically because I hope that at some point I will state it perfectly and it will go viral and everyone will say "Yes! That's easy! Let's change our post-scarcity economy into a post-scarcity utopia!"

You know though, the biggest problem may be the need that some people seem to have, that there be people that they can look down on. Come on, folks, can't we get past that?!?!?