Thank you VERY much for bringing this to my attention!
And, I would say this is almost-exactly what I had in mind! (The “investor” I referred to is merely the role; any normal person could throw a dollar in the pot, becoming an investor; and any community could propose benefit-plans.) If those “government priorities & funding” were enshrined as a mandate to regularly-updated public concerns, funded with a singular tax-rate that is raised or lowered to match the total quantity of benefits, then I couldn’t tell the difference between our plans.
I see vast change becoming possible, when you can earn a competitive return from public good, funneled through taxation for efficiency and fairness’ sake. It’d bring a few orders of magnitude more resources to bear on our troubles. (And, if we manage to internalize most externalities, then pricing is a decent representation of real cost, which would provide systemic gains to efficiency.)
Thank you VERY much for bringing this to my attention!
And, I would say this is almost-exactly what I had in mind! (The “investor” I referred to is merely the role; any normal person could throw a dollar in the pot, becoming an investor; and any community could propose benefit-plans.) If those “government priorities & funding” were enshrined as a mandate to regularly-updated public concerns, funded with a singular tax-rate that is raised or lowered to match the total quantity of benefits, then I couldn’t tell the difference between our plans.
I see vast change becoming possible, when you can earn a competitive return from public good, funneled through taxation for efficiency and fairness’ sake. It’d bring a few orders of magnitude more resources to bear on our troubles. (And, if we manage to internalize most externalities, then pricing is a decent representation of real cost, which would provide systemic gains to efficiency.)