Re: How to get Post-Scarcity?

George W Harris <gharrus@xxxxxxxxxxxxxx> wrote:
On Sat, 28 Jun 2008 16:44:38 GMT, jsavard@xxxxxxxxxxxxxxxxxxxxxxxxxx
(John Savard) wrote:


A look at the numbers, though, will tell you that there just aren't all
that many millionaire capitalists in the world. So sharing out *their*
wealth isn't going to do more than raise the annual income of the
average African by, say, ten cents.

You're off by a few orders of magnitude there; even
just the three richest men have a net worth equal to about
$60/person globally which, estimating about 3% ROI, would
give every person on the planet $2 a year, which as of 2003
over three billion people earned less than

Errr, are you sure about this? I often hear people talking about earning
less than one dollar a *day* in the various give-me-money cries for help
advertisements, but I've not heard of any significant portion of the world
population earning less than two dollars a *year*, much less half of the
entire population.

--
Mike Ash
Radio Free Earth
Broadcasting from our climate-controlled studios deep inside the Moon
.