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Cake day: April 15th, 2024

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  • I’m introducing the theory of an “r-factor” that measures how capitalistic a country is.

    r = 0 means pure socialism. Everybody gets the same amount of universal basic income, and earns nothing when they work hard.

    r = 1 means pure capitalism. there is no social support programs, and what you earn depends entirely on your labour/wages.

    in-between them, there’s a linear interpolation.

    (i invented that “r-factor” as a thought experiment yesterday, and now i like it.)

    i’m for r = 0.5 btw.