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The UK seems to be prototyping that. We're changing to a society where everyone lives by claiming benefits. (eg. https://www.gbnews.com/money/benefits-claimants-earnings-rev...)
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You would need a new sense of self and a life free of fear, raising children where they can truly be anything they like and teach their own kids how to find meaning in a life lived well. "Best I can do is treefiddy" though..
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