I know of a Canadian province with 2/3 of that. The state also makes sure everyone has money to spend. What's in a name? Whatever you call this, the fact is this system allows a standard of living enviable by lazy capitalist-by-default governments and, I can reassure the bankers out there it does no harm or even helps drive this province's unstoppable economy.Originally posted by Stapel
how communism works:
Everyone has a state provided house and state provided medical care and state provided education.
Corporations, governments, and even small companies find ways to not only reward but to inspire innovation and improved efficiency by the workers. A common way is to simply give a bonus or pay raise when a worker or team develops that "80 cent bread". Organizations successfully employ all sorts of incentives. Innovation may actually be accelerated when fostered by the group, rather than left to isolated dreamers begging for bank loans.Originally posted by Stapel
What if I know a way to make and sell a bread for 80 cents? So that every other citizin will be able to buy more other stuff. Will I do so? No, I won't, because I cannot keep the profit. That simple it is.