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We live in a time of Big Data. I think of Walmart - where they use hidden cameras with facial recognition to track all their employees (as well as monitoring ev
by MrTonyD 10y ago
We live in a time of Big Data. I think of Walmart - where they use hidden cameras with facial recognition to track all their employees (as well as monitoring every call.) This makes me think that money and power in a society should come with obligations - and one obligation should be to submit to monitoring. We need to track the wealth of rich people - and all their backroom deals to avoid taxes, manipulate laws, influence politicians, and their use their money in our society. Our society should have a say in all those decisions, since they impact and define our society. This would also allow our society to put a fee on their transactions.
We need much less monitoring and regulation of typical citizens, and much more monitoring and regulation of those who control our lives. That will help us get control of many of the non-transparent tricks used to hide their huge wealth - offshores, derivatives, fake accounting, charities, trusts, and offshore payoffs with under-valued stock.
- shams93 10y agoNot only that but we need to look at just how much of the current tax income is diverted into the military industrial prison complex around the world, if that money went back to ordinary people you wouldn't necessarily need to raise current tax rates to support basic income.