3 ms·
It's the classic efficiency vs justice tradeoff. IMO the best way to approach it is the "socialism below, capitalism above" approach combining a strong tax-fund
by hx87 10y ago
It's the classic efficiency vs justice tradeoff. IMO the best way to approach it is the "socialism below, capitalism above" approach combining a strong tax-funded UBI with a free-market, low-regulation (except environmental regulation) economy and a cultural move from individual ownership to collective but capitalist ownership (e.g. own REITs instead of homes, shares in Uber/GM instead of cars).