4 ms·

"Corporate headquarters are easily moved, and Corporate income is easily shifted between corporations and individuals in different tax jurisdictions all over th

"Corporate headquarters are easily moved, and Corporate income is easily shifted between corporations and individuals in different tax jurisdictions all over the world." This is a consequence of policy choices, not some inherent natural law.

refurb 3y ago
Sure, but what’s the alternative? Go with China’s approach? Capital controls? Appropriating companies that try and move to other countries? Generally economies that do that don’t perform well over the long run.
- dwallin 3y ago
  Are you truly going to proclaim that we have explored all options for how to structure a global economy? We arrived where we are via a mix of self-interest and local optimization and it seems unlikely we have arrived at even a local maxima. I'm not going to claim I have the solution. Anyone who tells you they do is either deluded or has something to sell you. And that definitely includes those who want you to believe that modern capitalism is the end-all be-all of society. What I want is to stop the self-imposed helplessness. What are some things that might work? How can we validate them? How can we roll them out?
  - refurb 3y ago
    Are you going to suggest that this isn't a very hard, if not impossible problem to solve? Do you assume that nobody has tried to solve it? Because that would be false, several countries have tried and failed. Saying "Somebody should solve this problem" while simultaneously saying "I don't have a solution, but we should stop the self-imposed helplessness" isn't really saying much at all.
codexb 3y ago
It's a natural law so long as you have a framework for incorporated entities and you want to allow international trade. Incorporated entities are intangible. They are just ideas. They don't have to exist in any particular geographical area.

4 ms·

"Corporate headquarters are easily moved, and Corporate income is easily shifted between corporations and individuals in different tax jurisdictions all over th

by dwallin 3y ago

refurb 3y ago
Sure, but what’s the alternative? Go with China’s approach? Capital controls? Appropriating companies that try and move to other countries? Generally economies that do that don’t perform well over the long run.
- dwallin 3y ago
  Are you truly going to proclaim that we have explored all options for how to structure a global economy? We arrived where we are via a mix of self-interest and local optimization and it seems unlikely we have arrived at even a local maxima. I'm not going to claim I have the solution. Anyone who tells you they do is either deluded or has something to sell you. And that definitely includes those who want you to believe that modern capitalism is the end-all be-all of society. What I want is to stop the self-imposed helplessness. What are some things that might work? How can we validate them? How can we roll them out?
  - refurb 3y ago
    Are you going to suggest that this isn't a very hard, if not impossible problem to solve? Do you assume that nobody has tried to solve it? Because that would be false, several countries have tried and failed. Saying "Somebody should solve this problem" while simultaneously saying "I don't have a solution, but we should stop the self-imposed helplessness" isn't really saying much at all.
codexb 3y ago
It's a natural law so long as you have a framework for incorporated entities and you want to allow international trade. Incorporated entities are intangible. They are just ideas. They don't have to exist in any particular geographical area.