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Barrin92 18 hours ago

Kohei Saito writes about this at length in Capital in the Anthropocene. Most obvious solution is to build an economy around social labor that has traditionally been externalized to households by capital. Start collectively paying people to take care of each other, children, the commons, public infrastructure and so on.

As ecological concerns and automation eliminate a large chunk of production it's pointless to maintain a system that only knows how to finance exactly that stuff, so socialize the gains of those and start redirecting them to socially necessary labor. There's much more to do than just playing boardgames.

OgsyedIE 18 hours ago | parent [-]

Any steady-state economy without an overlord of some kind keeping a balance (a Potemkin steady-state economy) will have some subset of actors who randomly stumble into scenarios of creative destruction and gain disproportionate rewards from it. Unless the gains are zeroed out repeatedly, this will snowball right back into the kind of mixed economy we have. A good book on the landscape the economy arises organically out of is Beinhocker.

Barrin92 14 hours ago | parent [-]

You can have a steady-state economy even under the most classical of economics like Solow, simply when capital stock stays constant because investment equals depreciation.

And it's no coincidence that Saito is Japanese because that's what Japan has been living in. They've not grown in decades. Without overlords, it's an adaption to a world where the average citizen is 50, ecology cannot sustain consumption and significantly more time will be dedicated to mending the environment, taking care of old people, and putting technology to work to make that possible.