A system crash is usually what happens. Exciting history book times.
The crash may take a thousand years or more tho
this post was submitted on 20 Aug 2025
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Showerthoughts
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A "Showerthought" is a simple term used to describe the thoughts that pop into your head while you're doing everyday things like taking a shower, driving, or just daydreaming. The most popular seem to be lighthearted clever little truths, hidden in daily life.
Here are some examples to inspire your own showerthoughts:
- Both “200” and “160” are 2 minutes in microwave math
- When you’re a kid, you don’t realize you’re also watching your mom and dad grow up.
- More dreams have been destroyed by alarm clocks than anything else
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- The entire showerthought must be in the title
- No politics
- If your topic is in a grey area, please phrase it to emphasize the fascinating aspects, not the dramatic aspects. You can do this by avoiding overly politicized terms such as "capitalism" and "communism". If you must make comparisons, you can say something is different without saying something is better/worse.
- A good place for politics is c/politicaldiscussion
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There should be laws against predatory and fascist forms of Capitalism. CEOs going to jail should be a regular occurrence for a few years at least.
There should be set ratios between worker pay, CEO pay and profits. It's the only way a just society can be returned.
The problem is that wealth = power and influence in society and this has led to essentially all modern neoliberal ‘democracies’ having their governments captured and controlled by the wealthy elite. So the only way you would be able to implement something like this would be via a revolution replacing capitalism with some form of socialism that would make private wealth a thing of the past and provide a decent standard of living for all.
Imho a hard cap on personal wealth would be sufficient.
There should be set ratios between worker pay, CEO pay and profits.
Not a bad idea. Except generalize it to max ratio between highest pay and lowest pay within a company.
I've heard it said that as long as investment returns average higher than wage increases, society will continue to get worse.
The earned income tax is complete bullshit. Why would people be taxes for earning money through labor? You've already spent your time, and earning money through labor is already one of the least efficient ways of generating wealth.Besides you're still going to have to pay sales tax
The central bank emits money, and gets it back with taxes. Without taxes we'd just have galloping inflation and probably wealth hoarding.
Today we also have wealth hoarding, which could be at least alleviated with taxes, and taxing work more than capital gains is ofc utter bullshit. IMO.
No, the central bank does not get money from taxes. That's not how this works. That's not how any of this works.
The central bank emits money that turns into inflation. On purpose. Because the only thing worse than galloping inflation is no inflation or deflation.
The way to not get galloping inflation is to not print crazy amounts of money.
Taxes are primarily there to fund the state (which has a much, much higher budget than what the central bank emits) and secondarily to discourage undesired behaviour.
Income tax is used because it's super simple to collect, compared to e.g. a wealth tax or a capital gains tax which is more complex. Together with property tax and VAT (or other forms of sales tax) it's the backbone of most tax systems because these taxes are simple to calculate, are simple to collect and are hard to evade. Also, they disproportionally affect lower and middle classes so the rich people in power like them as well.
Income tax is used because it’s super simple to collect, compared to e.g. a wealth tax or a capital gains tax which is more complex.
The real reason is that the people who are wealthy and make their money off of capital gains wanted to use the idea of income tax being easier to avoid being taxed themselves.