Hi, I’m asking on how this would be possible? ( if not in our current reality than another )
More than 49% of the cash money you keep and the rest goes to taxes and your boss, but on a theory standpoint.
If we were to achieve the same production of today with food, and whatnot, how could it be done if each worker is rewarded with 100% of the profits?
This dosen’t take into account the surrounding factors to decide what exactly the profit is, like is that profit to be able to survive on your farm from the work your doing, or is it to buy random things you doing need ( like of the mining towns paradox ).
our world is very complicated, economics specifically, and to answer this, it has to be mathematically answered, logically informed and practiced in life. But, it dosent hurt to hear a perspective does it.
How would 100% of work to 100% profits work?
byu/RepublicHot5836 inAskEconomics
Posted by RepublicHot5836