Comment Re:Cultural differences (Score 1) 266
I think our priorities are a bit different. I don't really see stocks and property as an end in and of themselves.
Don't put words in my mouth. Although as it turns out you might want to look into where pension funds put their money.
I'm well aware that pension funds tend to put their money into stocks. I still don't see them as an end in themselves. There really is no need for private pensions if you have basic income, but certainly I wouldn't ban them. I would tax assets though.
Also, people with nothing to do tend to have kids, and that is definitely something the system couldn't afford, so there would need to be measures to prevent that (if having kids doesn't cost you a lot, you'll tend to have them).
Great, so phase two of your economic masterplan is to make sure the system bankrupts itself within a generation. Hint: people are producers as well as consumers.
Most modern production involves capital more than labor. Resources tend to be limited, and if you endlessly grow population you end up with tons of unemployed.
Plus, regulating childbirth is actually a way to cut down on welfare spending. The pure-free-market approach would be to require parents to pay for the full cost of raising kids before having them, thus ensuring that kids are never a cost on anybody but their parents. However, I think it would probably make more sense to have a bit more diversity and have society kick in to let more people have kids.