TAILIEUCHUNG - Brad Feld Reviews The Lights in the Tunnel_6

Tham khảo tài liệu 'brad feld reviews the lights in the tunnel_6', tài chính - ngân hàng, tài chính doanh nghiệp phục vụ nhu cầu học tập, nghiên cứu và làm việc hiệu quả | THE LIGHTS IN THE TUNNEL 180 meltdown. Once the current global crisis eases we can be sure that governments will turn to the task of attempting to contain this risk in the future by imposing regulation on the markets. However the impact of advancing technology will not be confined to just the financial markets. We will ultimately have to address the issue of systemic risk throughout the entire world economy and this will eventually involve transitioning to a more robust model. The Market Economy of the Future The scheme that I have proposed above essentially involves adopting special taxes to recapture the income from lost jobs and then having the government redirect that income according to individual incentives without the requirement for traditional work. The conservative reader is likely to violently recoil from this idea. Is this not the worst form of Robin Hood socialism Am I not proposing to steal from those who have worked hard to build a business and then simply give the proceeds to masses of indolent people in return for doing nothing I will argue that I am proposing none of these things. Put yourself in the place of a small business owner. Remember that we are still thinking in terms of our extreme future scenario with 75 percent unemployment. How would your business survive in such a situation The special wage recapture taxes that you would be required to pay as a business owner would be an inconvenience to you you would of course prefer that you not have to pay them. The same could be said of the wages you currently pay to your employees. However the wage Copyrighted Material Paperback Kindle available @ Amazon Transition 181 recapture taxes paid by every other business will collectively power the consumers that drive your sales exactly as the wages paid by other businesses do today . We must find a way to redirect income to large numbers of consumers or market demand will not be sustainable. It is not necessary to require work for that income because

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