I think people are not getting the point of my last post.
Everyone is putting forward their ideas for the "moron problem" as Jim Donald puts it.
Honestly I don't think that's rocket science. We know what to do. We do what we have been doing for centuries. Ask Gregory Clark for details.
But that's not the thing. Nobody gives a shit about the long term sustainability of society. What people care about is feeling good about themselves.
Now imagine there's a choice between:
1-Being part of a tribe/thede/country in which the low-skilled are put to work in coal mines and worked to death without leaving descendants.
2-Being part of a tribe/thede/country which is so fucking awesome that poverty doesn't exist because we take care of everyone!
Well obviously 2 is a superior choice. And that's because people don't want to see poor people around. They don't want to be reminded of the existence of poverty. Lest their become poor themselves.
What's the point of being rich if there are poor people around in the same country? What's this, India? Not even Indians like India.
And that's why everyone likes the minimum wage.