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 Originally Posted by BorisTheSpider
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I think the problem here is you're trying to fit my idea into the current system which won't work. I'm talking about scrap the current system completely, start fresh on a new sheet of paper and think of an alternative system that ensures resources are distributed equally. Since nobody has any right to the world's resources. Like everybody chooses a profession butcher, baker, candlestick maker for example. Everyone gets a baseline of resources that are deemed necessities. Then you get x amount for working y hours on top of that. People who work in specialized jobs such as surgeons or w/e get more per hour worked. Then there is still incentive to work, produce whatever and nobodies starving. There has to be a better alternative to what we have currently.
Where the population collectively own the means of production or w/e else is needed. So there aren't massive companies where CEO are earning like 400 times the salary of an average worker, because they own the means of production. Less inequality and a better standard of living for all but still with incentives for people to specialise and innovate etc.
Economics works from flawed premises so I'm not sure it can be classed as a science.
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