do we need broke.people for the world to function? if so how many percent need to be broke, middle class or rich?

Question

cause if everyone was getting 10k USD per day and was rich the value of money would be gone ofc

we have people working fastfood jobs or driving taxis barely making ends meet, could the world still function if everyone lived a comfortable life? maybe everyone was at least middle class?

In: 245

Answer 1

we don’t, a billionaire contributes nothing more to society than a multi-millionaire. There’s absolutely nothing useful someone can do with over a billion $s. And yet we have the highest number of billionaires we’ve ever had in modern history, and at the same time the highest level of poverty since over a century ago.