Wealth Distribution – Employment & Basic Income

A huge problem with the steps needed to stop burning fossil fuels is they save money, which means less opportunities for profit than there are with fossil fuels. While "free razorblades" are good for the public, they are just not good for business. Renewables just lack that ongoing revenue stream since none so far profits from the supply of sun and wind. Even EVs erode ongoing revenues streams in the automotive industry and thus negatively impact the economy. The problem is that while the economy reflects what is good for big business and tax revenues, the economy does not always reflect what is good for the people. So, which is better, continuing with fossil fuels in order to produce ongoing revenue streams for the economy, or an economy that works for the people with systems require less consumables?

The powerful and the wealthy know that increasing population is good for the economy as measured by GDP, but what does this "farming humans" approach achieve for the population themselves? The larger the population, the greater the power from being leader, but it turns out that, if anything this leads to less individual wealth and happiness. Countries are a finite size with finite resources. Having more people means, on average, a smaller share each. Of course, everyone's share isn't equal, and those with enough wealth, can still even grow their share, leaving less for everyone else. It is not just politicians who benefit at the expense of the masses, as the larger the population, the greater the GSD for big business and stock market indices, and the greater the wealth for wealthiest, so all the boxes are ticked for those with the greatest influence.

Economic growth. The holy grail of ensuring a prosperous society. Or is it, that, in the 21st century, increasingly economic growth could mean as few as just the wealthiest 1% get richer, while all others get poorer? Economic Growth: Is Economic Growth The Holy Grail, Or Is Its Desirability A Myth? Two sources of myth […]

This is an examination of the roles of employment in society which include wealth creation and distribution and there also requires defining what is mean by 'wealth' in this context. This a reference page as background to deeper explorations on the impact or robotics, the arguments for a 'living wage' or basic income, and other topics.

Yes, another post on finances…but the Democrat candidates debate gets one thinking….now to the point. I do not like the idea of wealth tax. There is an enormous wealth inequality problem and while a wealth tax sounds like a direct solution, I feel there are problems with any implementation, such that there just must be […]

Summary: Most of us now live under ‘finite world economics’, where population growth results in a smaller share of wealth for each individual and the majority of the population, but increased revenues for Governments, nationwide businesses and multinationals who gain revenue from the entire population.  The rich win, the rest suffer. The now finite World […]

Back in 1986, the movie Highlander was released. It was actually sufficiently successful to inspire four sequels, plus spin offs and even a reboot. Something in the original clearly stuck a chord, and the tagline and concept ‘in the end there can only be one’  could be part of this.  The plot centres around a small group of […]

The current wealth distribution system is an already a broken system about to face severe attack. As discussed in Robots & Job Terminators, the role of employment is set to change, making wealth distribution far more challenging. UBI, or Universal Basic Income, is proposed by many as a solution, but while UBI has been proven to be a great solution many problems society faces right now, that does not mean it will work in the future.

As explained by ‘Alan Kohler’ of the ABC, the record trade surplus is largely due to “A huge rebound in iron ore, coal and gold exports delivers a record trade surplus of $3.5 billion in December, providing a big boost to national income.”, with no proportional increase in imports. I suggest an analysis of the impact […]

A friend was commenting on how her employer, a major ‘blue-chip’ employer, was transforming the workplace.  The shift in emphasis is  to less work needing to take place in the office, and more provision for people to work from home.  The direction it is heading is for people only to attend the office for scheduled […]