4 ms·
I am not an economist (minor in undergrad, but whatever), but intuitively this sounds like a fair action to take. I'm exactly in the class of Americans who will
by eropple 9y ago
I am not an economist (minor in undergrad, but whatever), but intuitively this sounds like a fair action to take. I'm exactly in the class of Americans who will be capital owners (and I have a leg up, I work in tech, we're the only people who turn labor into capital with such a miniscule overhead), I'm pretty okay with paying my way.
- perl4ever 9y agoI wonder if equalizing rates would harm the software industry though - maybe the entire information economy as we know it is largely a product of the discrimination against labor leading to overinvestment in the industry with the highest returns per person. I can also see equalizing rates crashing the prices of investment assets. If it's worth doing in the first place (because the distortion is large) then it is necessarily going to be disruptive. For all we know, not favoring capital only delays the singularity...
- eropple 9y agoI am really very comfortable with the notion of "delaying" a theoretical but probably wrong event in favor of helping real people who exist now.