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Comment by HEmanZ

1 month ago

Why would no jobs mean no money?

We use money to exchange resources (actual or promised) in form of credit to each other.

If most of the population doesn't participate in the exchange, money is worthless. You can make numbers, but those are meaningless without the underlying exchange.

It's effectively a disruption of a modern society.

  • Why would no one have underlying resources if there were very few jobs?

    There are many millions of people in the USA who don’t work but own things. Some don’t work and own a lot of things

    • There is no way of redistributing those resources but violence if there is no economy.

      Say, you have 98 people who have literally nothing and no established way to obtain basic needs, and 2 people who has something based on whatever.

      Say, these 2 people can close their needs by asking a magic machine to do something for them, or even exchange some goods between each other, but there is no economic sense to hire anybody.

      Those 98 left aren't going to sit and die, watching.

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