4 ms·
He proposes a soft version of Socialism [1]. You can own a company but you will have to pay additional 20% income tax or 20% VAT (I am not sure how to gather in
by dgregd 9y ago
He proposes a soft version of Socialism [1]. You can own a company but you will have to pay additional 20% income tax or 20% VAT (I am not sure how to gather in taxes 20% of GDP).
[1] https://en.wikipedia.org/wiki/Socialism https://en.wikipedia.org/wiki/Socialism "There are many varieties of socialism and there is no single definition encapsulating all of them, though social ownership is the common element shared by its various forms"
- kevinmchugh 9y agoIt's remarkably similar to market socialism, discussed briefly by Matt Levine here: https://www.bloomberg.com/view/articles/2017-11-22/uber-hacks-and-bitcoin-futures https://www.bloomberg.com/view/articles/2017-11-22/uber-hack... and Matt Bruenig here: https://peoplespolicyproject.org/2017/08/17/index-funds-are-a-proof-of-concept-for-market-socialism/ https://peoplespolicyproject.org/2017/08/17/index-funds-are-...