this post was submitted on 11 Jul 2024
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Doesn't our financial system require population growth?
Corporations are judged on how much they have increased their profits year over year, and not just that they were profitable. Once you get to a certain size, the main hurtle is the size of the market and not your ability to extract more from it.
Also, when you look at the chart, it's basically at 2017 unemployment levels. So, the income generated through income tax should be proportionate, which means that we should be able to beef up social systems to help those without work.