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> if we did and we all had equal wealth, we wouldn't call that success. Do you say that because such a system would provide no financial incentive for people t

• sharemywin 5y ago
  There will always be limited resources so how do you distribute those? Unique pieces of art, beach front property, I'm sure less desirable things as well . what if your passion is destructive behavior? drugs, violence other addictions.
  • dane-pgp 5y ago
    > There will always be limited resources so how do you distribute those? Well, to a first approximation, you just have to come up with a market value for each of those resources and then tax anyone who has more than the average total wealth. People would be free to decide which assets they sell to pay the tax. Things do get complicated when you take into account depreciation of assets, but as long as the amount of depreciation is less than the amount of new value created every year (by the robots?) then you don't have to worry about taxing the people whose assets haven't depreciated as much. > what if your passion is destructive behavior? drugs, violence other addictions. I don't think this hypothetical world requires that addictive drugs and violence becomes legal. I suppose someone might enjoy destroying their own property, but any asset destroyed that way could be assigned a nominal value that is the same as it was before destruction, so that the owner wouldn't be rewarded for their self-vandalism.