Ok - if your system is ever enacted, I'm cutting my work hours back by 50% or more.
I'm also hoping that not everyone does this, because if everyone did, there would be far less than $90k/person floating around. But that won't happen, right?
It means that today, humans create enough wealth annually so that every two-parent household on the planet could live like the American middle class.
This assumes that the total cost of providing the same middle-class resources to everyone in the world is equal to the present marginal cost of doing so.
I'm also hoping that not everyone does this, because if everyone did, there would be far less than $90k/person floating around. But that won't happen, right?
It means that today, humans create enough wealth annually so that every two-parent household on the planet could live like the American middle class.
This assumes that the total cost of providing the same middle-class resources to everyone in the world is equal to the present marginal cost of doing so.