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Open in hackernews

Theory – how to make it so nobody's poor

7•AdityaNa15•3mo ago
The economic system is unstable. Wealth concentrates and stays there. As such, the means of production and also the goods concentrate as well.

This is highlighted in the income and wealth global graphs. They clearly show a gap where the bottom of the income chart receives no money (for bare necessities like food), and the bottom of the wealth chart shows the bottom have no savings.

I propose a plan to solve this systemic problem of wealth concentration “rugging” the bottom.

First, I set up a company, Myshkin (www.myshkin.club). Myshkin is a buffet that delivers. Effectively, you’re always connected to a buffet via your phone, for a monthly fee of $1000.

This feeds the people with money in society.

Then, I take the excess meals from the organization, and I donate them to religious institutions throughout a city, so that they may be had by the poor within a city for free. I make up any difference with the profits from Myshkin.

This feeds the people without money in society.

Now, everyone’s fed, which cures the first gap in the income distribution: now everyone receives food.

There is but the second gap in the system, in the wealth gap. If you ignore that the people at the bottom are fed, the money itself still concentrates to the top and swirls. The bottom are fed but still poor. And the way I like to describe this is that “if everyone could afford iPhones every year, Capitalism would be bigger.” And yet the money still concentrates.

For this I propose that we establish a decentralized currency as the receipts of Myshkin’s transactions. So now every month, customers pay $1000, and get 600 Receipts.

This increases monetary flow. So now the people can buy more. By a little bit at first, then a lot. Say globally people pay $1000 and get 10,000 Receipts. More monetary flow.

And yet the problem isn’t solved because the money, dollars and Receipts, concentrates still.

Until we flip the switch.

Before the switch, everything in capitalism is a bad move financially. Everything takes your money. And we’re stuck in being pulled.

The switch consists of the following: * Before * Lose $1000 * Gain 10,000 Receipts * Now * Gain however much you want * Lose only if you take too much

This switch changes the system by virtue of the fact that now the rules themselves say money is abundant. Take as much money as you want. If you take over a million Receipts we’ll throttle you.

This odds beneficial to Capitalism. Why? Because now everyone can afford iPhones. Apple grows through the roof. Every company does.

And we get back to serving one another.

Shortly thereafter, we take the extra money and we buy all of the automation we ourselves need to automate ourselves out of our business. It’s coming in 3 years.

And with all the money, we automate ourselves out of the economy.

And we control the income and the wealth graphs to reflect abundance.

Comments

phs318u•3mo ago
I agree with your first two sentences. Sadly, what follows is a hot mess of misunderstanding both the purpose and functional mechanism of money.
quietthrow•3mo ago
Dude - use a LLM. Make it coherent and try again. You owe it to your idea
chistev•3mo ago
Damned if you use AI, Damned if you don't.
quietthrow•3mo ago
Well the whole thing is damned if the point can’t make it across right.
haiji1992•3mo ago
Poverty is not merely a food problem. What you’ve addressed is only basic subsistence. But poverty also encompasses: Gaps in access to education Gaps in healthcare Entrenched social stratification and unequal opportunity Psychological safety and human dignity Pathways and institutions for upward social mobility Being well-fed ≠ escaping poverty.