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RE: How much money each of us would have if it was distributed equally?

in #life7 years ago (edited)

Or it could create a virtuous cycle. Since now everyone would have some money, they could afford more, and if you are able to sell people something good, you could profit. Basically, that is how a consumer based society works. People are encouraged to buy more stuff, as to get the economy rolling.

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You got my point sir🙂 and not everyone can utilize money in right place plus there is bribery and robbing that have not been eradicated till now. Equal distribution of money works if all these problems are eradicated including poverty and making every people on earth educated🙂

True :) With more tech and AI, maybe we could eventually have a post-scarcity economy, where things like bribery, robbery and theft would just become things of the past.