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Economics

Welfare Without Taxation

Welfare Without Taxation

There is a lot of discussion of whether Universal Basic Income will be required for folks who are unable to compete meaningfully in successfully more advanced and talent-driven economies.

The assumption is that heavy taxation and redistribution of wealth will be required for this, to a degree that may not be thermodynamically possible, and certainly may not be feasible (let alone desirable).

I believe that there are other alternatives. The power of DAOs and AI CEOs running companies in the cloud that may be bootstrapped within days, means that we can create wealth voluntarily within the free market.


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