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This would increase the cost of capital and potentially reduce investments, would it not?
by instance 5y ago
This would increase the cost of capital and potentially reduce investments, would it not?
- andrepd 5y agoYes, because capital ownership is private. Perhaps we should rethink that?
- fastball 5y agoWhy?
- chii 5y ago> Perhaps we should rethink that? hasn't it already been tried, and shown to fail?
- andrepd 5y agoThere's a universe of possibilities between unrestrained globalised hyper-financialised capitalism, and murdering people who wear glasses and making everybody work on agriculture a la Cambodia. Ideas like Georgism allow us to retain the most useful features of a market economy while taming its brutal, violent, undemocratic features. That's the premise of market socialism in general.