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In a subsistence economy where no surplus wealth is generated the state should avoid further impoverishing the people and obviously should take only a small share of resources.

At the opposite extreme, in the year 2150 when all manufacturing is performed by robots and nobody is employed in that sector, it would be dysfunctional to leave the wealth generated by automation in the hands of a few moguls. For the economy to perform efficiently redistribution of income would become a necessity and not just an ethical goal.

It would also be desirable that part of any additinal wealth generated would go towards better education, better public transport, open and equal access to information, better care for the elderly and, as has been rightly mentioned, an improved alternative to the primitive penal systems we have currently.

[QUOTE="Grey, post: 2089536, member: 65112"] In a subsistence economy where no surplus wealth is generated the state should avoid further impoverishing the people and obviously should take only a small share of resources. At the opposite extreme, in the year 2150 when all manufacturing is performed by robots and nobody is employed in that sector, it would be dysfunctional to leave the wealth generated by automation in the hands of a few moguls. For the economy to perform efficiently redistribution of income would become a necessity and not just an ethical goal. It would also be desirable that part of any additinal wealth generated would go towards better education, better public transport, open and equal access to information, better care for the elderly and, as has been rightly mentioned, an improved alternative to the primitive penal systems we have currently. [/QUOTE]

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