21
Mar
Distributed wealth reduces the pressure for redistribution of wealth, which stares us in the face as automation accelerates and education stagnates.
From a post on greentechmedia.com, the author was describing the need for energy independence and arguing for homeowners and businesses owning their own generation assets (renewables and even potentially nuclear). The quote sparked my interest though, because if everyone owns their own method for generating (energy or wealth) then the chances of war (for oil or land) and general political instability are greatly reduced.
In an economy where everyone is able to produce for themselves and sustain a relatively comfortable lifestyle, then everyone has something to lose.
-
interests69fty liked this
-
revolutionaryeconomics posted this