Comment World Governance (Score 1) 298
Many people recognize that, generally speaking, there is enough wealth to go around, so to speak. This has been the case for a long time.
The issue has been, what is the mechanism/process by which to actually distribute that wealth? There are essentially 2 ways to do so. One is to distribute the wealth more equitably before taxation, through higher wages. The other is to "re"distribute wealth more equitably after it's been initially distributed, which is through taxation and then a program to distribute the taxed income.
Distributing it more fairly from the get-go seems better to most people; it's harder for a right-winger to argue against fair pay than it is to argue against giving people "free" money. But making pay more fair to begin with can be difficult, largely because of our globalized economy. As it is, with each country having its own laws about unions, pay, etc, it's hard to make things "too fair" in one society, because that society has to compete with workers in other societies who are paid far less. This keeps wages across the world low.
As I see it, having world-wide standards around wages/compensation/resource allocation would be a way to avoid the issue of the race to the bottom. However, actually implementing world-wide standards seems like a Herculean task. If we do ever get there, though, then perhaps people will be more inclined to have kids, knowing that they would not be economically hamstrung by doing so.
The issue has been, what is the mechanism/process by which to actually distribute that wealth? There are essentially 2 ways to do so. One is to distribute the wealth more equitably before taxation, through higher wages. The other is to "re"distribute wealth more equitably after it's been initially distributed, which is through taxation and then a program to distribute the taxed income.
Distributing it more fairly from the get-go seems better to most people; it's harder for a right-winger to argue against fair pay than it is to argue against giving people "free" money. But making pay more fair to begin with can be difficult, largely because of our globalized economy. As it is, with each country having its own laws about unions, pay, etc, it's hard to make things "too fair" in one society, because that society has to compete with workers in other societies who are paid far less. This keeps wages across the world low.
As I see it, having world-wide standards around wages/compensation/resource allocation would be a way to avoid the issue of the race to the bottom. However, actually implementing world-wide standards seems like a Herculean task. If we do ever get there, though, then perhaps people will be more inclined to have kids, knowing that they would not be economically hamstrung by doing so.