The economic model for the future will be employee-ownership, where the owners democratically elect their leaders, provide a financial system based on standard labor hour debt and control of the means of consumption. There will be economics outside these cooperatives, but the will use standard labor hour exchange rather than cash. Another aspect of this, one that will provide for more children and continued labor, is habitats where people produce their own food with AI assist and artificial meat which would be 3-D printed and use lab grown meat protein, bone, blood and fat.
People will balance their labor hours and out for habitat production and maintenance, as well as for healthcare - which would go beyond modern medicine. As long as doctors and nurses must work, everyone must work. Areas for work will include space exploration and education provided on a global basis.
How is the transition to occur? Shift capital gains taxes to an asset value added tax, with zero rates for sales to employee-owned and cooperative enterprises. No mass confiscation is necessary - just heirs deciding to cash out fortunes to the workers to avoid paying taxes on asset sales.
No comments:
Post a Comment