A more straightforward idea is the economist Thomas Pikettyâs proposal for a steeply progressive wealth tax. He has discussed how to close loopholes around this by taxing income, financial assets, land, and inheritance, and also taxing wealth that tries to âexitâ a high-tax country for a low-tax one.
Anti-coin seems like a harmful technology. A billionaire could use their anti-coin to make all their critics on Twitter homeless and destitute. It seems incompatible with widely held liberal political values.
Thought about this and it is completely possible as you say, but the interesting thing is that such a billionaire would loose vast swaths of money, as that action would make them unpopular and a target for anti-coin. Additionally, a person who has a larger numbers of critics will likely end up with fewer anti-coin. The interesting thing about anti-coin, is, despite explicitly allowing something which is bad. It encourages good behavior.
A steeply progressive wealth tax is a good idea, though I would not say it solves the same problem anti-coin attempts to solve.
Progressive wealth tax is a solution to the power problems and inefficiencies caused by wealth distribution. People donât need billions of dollars, and having that much more doesnât make you much happier. So even distribution is much better for the average person.
The currency is supposed to better solve the problem all currency partially solves. Making the selfish choice to benefit others, and thus increasing benefit through efficiency of scale. As I said before the currency we have does this quite well, but it doesnât do it perfectly because it doesnât work with negative benefit. If someone burns tires and sells the energy to someone, the person gets benefit from selling the energy, but isnât detrimented by the displeasure of their neighbors.
Of course in reality what I just said is wrong as our legal system and laws fill in the gaps which currency doesnât solve, but large systems are more easily corrupted, require more overhead, etc, so building as much of this into simpler systems as possible is beneficial.
If you forget about my currency and just think about how we could make that kind of system, there are a few properties that are fairly essential⌠Shoot, my bedtime screen blocker is about to kick in. Iâll edit and finis the post later. Thoughts?
I donât think thereâs any good way to simplify or purify the processes that exist in law and politics of deciding which behaviours are unethical or have a social cost and therefore should be taxed or punished, such as through a carbon tax or laws about air pollution. Anti-coin turns this into an online vote, like American Idol but Black Mirror. You could get rid of the whole currency aspect of it and just allow people to vote online on who should receive what punishments, such as a fine, community service, house arrest, or prison time. But this would be an engine of cruelty.
Liberal democratic societies work because our institutions and norms encourage pro-social behaviour and enforce safeguards against our anti-social impulses. I think itâs interesting to observe how quickly pro-sociality breaks down and how anti-social behaviour becomes the norm when you put humans in an unnatural environmental like Twitter. Cruelty and aggression completely take over. When we design social systems, we must take into account what encourages the better angels of our nature and what brings out our worst instincts.
A more straightforward idea is the economist Thomas Pikettyâs proposal for a steeply progressive wealth tax. He has discussed how to close loopholes around this by taxing income, financial assets, land, and inheritance, and also taxing wealth that tries to âexitâ a high-tax country for a low-tax one.
Anti-coin seems like a harmful technology. A billionaire could use their anti-coin to make all their critics on Twitter homeless and destitute. It seems incompatible with widely held liberal political values.
Thought about this and it is completely possible as you say, but the interesting thing is that such a billionaire would loose vast swaths of money, as that action would make them unpopular and a target for anti-coin. Additionally, a person who has a larger numbers of critics will likely end up with fewer anti-coin. The interesting thing about anti-coin, is, despite explicitly allowing something which is bad. It encourages good behavior.
A steeply progressive wealth tax is a good idea, though I would not say it solves the same problem anti-coin attempts to solve.
Progressive wealth tax is a solution to the power problems and inefficiencies caused by wealth distribution. People donât need billions of dollars, and having that much more doesnât make you much happier. So even distribution is much better for the average person.
The currency is supposed to better solve the problem all currency partially solves. Making the selfish choice to benefit others, and thus increasing benefit through efficiency of scale. As I said before the currency we have does this quite well, but it doesnât do it perfectly because it doesnât work with negative benefit. If someone burns tires and sells the energy to someone, the person gets benefit from selling the energy, but isnât detrimented by the displeasure of their neighbors.
Of course in reality what I just said is wrong as our legal system and laws fill in the gaps which currency doesnât solve, but large systems are more easily corrupted, require more overhead, etc, so building as much of this into simpler systems as possible is beneficial.
If you forget about my currency and just think about how we could make that kind of system, there are a few properties that are fairly essential⌠Shoot, my bedtime screen blocker is about to kick in. Iâll edit and finis the post later. Thoughts?
I donât think thereâs any good way to simplify or purify the processes that exist in law and politics of deciding which behaviours are unethical or have a social cost and therefore should be taxed or punished, such as through a carbon tax or laws about air pollution. Anti-coin turns this into an online vote, like American Idol but Black Mirror. You could get rid of the whole currency aspect of it and just allow people to vote online on who should receive what punishments, such as a fine, community service, house arrest, or prison time. But this would be an engine of cruelty.
Liberal democratic societies work because our institutions and norms encourage pro-social behaviour and enforce safeguards against our anti-social impulses. I think itâs interesting to observe how quickly pro-sociality breaks down and how anti-social behaviour becomes the norm when you put humans in an unnatural environmental like Twitter. Cruelty and aggression completely take over. When we design social systems, we must take into account what encourages the better angels of our nature and what brings out our worst instincts.