4 ms·
UBI has already worked. We hunt and forage food and water, but air and gravity are supplied for free, the latter being inescapably mandatory (good luck ending i
by kzurell 2y ago
UBI has already worked. We hunt and forage food and water, but air and gravity are supplied for free, the latter being inescapably mandatory (good luck ending it, rulers). They're not nothing, not "but that's different", there's wattage in all.
We talk about tax and money like they're natural theories, when we could easily pursue compatible, interoperable regimes that meet the UBI design brief. If price is value then change in price is a proxy for externalities, so tax transactions based on change in instantaneous price. The power to do so is in divide and conquer, between rentiers who value stability and those who cultivate volatility. The Not-In-My-Back-Office corporate leadership creates gigahertz iPads but never seems to buy their way out of overnight transaction clearing and filing labyrinthine returns for some reason.
I hate being livestock in the "incentive" farm. We almost all do. And while I appreciate insights about the Roman Empire as much as any white male...it's less the done thing these days. :)