It's interesting question. Not much, I guess. I'd rather work on that wealth, bring companies and work to people than to "toss money down the drain." It feels to me that giving people chance to fight for themselves is better solution than just covering their needs. But, even a company would need day care, a good road, security, some housing etc.🤔
Discussion
Well, I think it's impossible to answer this question. Especially honestly.
In real life situation this would depend on so many factors...
Who is asking, how is asking, for which specific issue etc. etc.
Just think when you gave some money for some charity or similar project. Was it whim because the volume was super low? Was is some emotional story of sick child?
Was it some project which you crowdfunded because it made sense to you...
To attempt answering it, assume that your local community went anarchic and all common services, local council, municipal, borough, departement, amt, district, oblast, region etc ceased functioning effectively immediately and would dissolve.
Yeah. I get that. But still too many unknowns.
Firstly I expect in that situation that public goods solutions will exists on commercial basis (roads etc).
Then you're left with charity basically.
And In that case we are back to what I mentioned before, who, how, why.
But if I would have to answer the question regardless all the uncertainty and so on?
I would aim around 10%.
I don't mean "giving people free stuff" as such. Most of the example I bring up concern things that cannot realistically be taken for private gain, for example a stretch of paved road, water pipes, sanitation and drainage, a local fire department, designated forestry and wildlife areas, public libraries, public toilets and the like. ie. more or less things that fall uneer classical Public Goods.
This all can easily be privately owned and run🤔
It can be privately owned and run, yes, but experiences with for example, privately run water utilities in England has shown that it results in both major problems with water supply reliability, water cleanness and constant cost rises, since it is run for-profit.
Utilities also tend to fall under Natural Monopolies since competition is usuallynot economic - a sa parallel experiences with cable internet providers in the USA shows.
