3 ms·
Sounds about right. There seems to be little political will to actually "euthanize the rentier", or even put a cap on how much income rent-seekers can accrue n
by eli_gottlieb 5y ago
Sounds about right. There seems to be little political will to actually "euthanize the rentier", or even put a cap on how much income rent-seekers can accrue nonproductively. The result is that "landlords are eating everything."
https://exponentsmag.org/2019/08/25/software-was-eating-the-world-now-landlords-are-eating-everything/ https://exponentsmag.org/2019/08/25/software-was-eating-the-...
- imtringued 5y agoDo you remember that MMT thing? That thing that says the government can create as much money as it needs and if there is inflation (doesn't matter if CPI or not) then you tax the part of the economy where inflation happens to return the money. A wealth tax on deposits and land would be ok. The rich can buy bonds or stocks if they want. If there is a shortage of companies you can always create new ones. If there is a shortage of money or land it's much harder.