Wednesday, September 12, 2018

The Profit Motive

     What if a maximum income was implemented?
    The profit motif would be destroyed. The wealthy will stop creating businesses which will cause the economy to shrink will unemployment will rise. After a relatively short period of time, whatever the confiscated wealth beyond the maximum income funded will dry up and never be replaced. Basically, everything will fall apart.
     It would not be pretty.

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