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Comment by vrganj

Of course UBI is an allowance. You can't just say it isn't without making an argument. The problem isn't just money. It's ownership. If a few dudes control most productive forces, that is inherently antidemocratic. No amount of trying to pay off the public with some elaborate scheme that doesn't remove their control will fix that.

> This can be fixed with laws around lobbying.

No it can't, and lobbying has nothing to do with the problem of one guy being the petty autocrat on top of his empire rivaling democratic states.

> Capital controls won't solve much because it is a one time exit tax that stakeholders have to pay to move out of the jurisdiction taxing stocks.

Who said that? You've defined your own narrow version of capital controls to then argue against. States could just ban moving capital out of the country. Countries can just pass laws! They don't need to do whatever makes rich people happy.

> You are missing the point. The incentives are for everyone who want to give it a shot at trying to take their idea, implement a vision and then execute on it.

You are missing the point. People do all sorts of stuff for all sorts of reasons. Many companies are founded because somebody saw a real issue and wanted to fix it. Others are founded because somebody found a loophole or a way to extract capital by moving some numbers around or monopolizing something others need.

I would posit that if the only reason somebody opens a company is greed, then maybe that company would be a net-negative for society anyways?

parent vrganj 3 days ago

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