What If Money Expired? | NOEMA
www.noemamag.com
A long-forgotten German economist argued that society and the economy would be better off if money was a perishable good. Was he an anarchist crank or the prophet of a better world?
  • kebabslob
    4·
    1 year ago

    Mfers will do anything but not admit capitalism is flawed

  • sirdorius@programming.dev
    1·
    1 year ago

    Honestly didn’t read it all because the writing style is too verbose (the story about his kids sounds like the ravings of a LinkedIn Lunatic).

    The thing is expiring money would do nothing for inequality since accumulation is only part of the problem. If top paying execs get 500 times the average income of their workers they still have 500 times more money, and the possibility to make even more of it, no matter how much it takes before it expires.