Closing loopholes, simplifying the tax code. etc. puts a lot of accountants out of work. I'd be interested to know if there are studies comparing Singapore to the US and the per capita number of accountants given that Singapore has a much more straightforward personal and corporate tax structure.
Actually this can happen without government regulation, everything is code and hackers having been using bots to represent people all the time. It is part of the followers business. So the end all these companies are at the mercy of code.
People are disappointing. As a venture capitalist, even in a World After Capital, you can help to identify and encourage experiments, large and small, that will help us move forward. Two steps forward and one step back.
Experimentation is required. Small countries like Finland, Iceland, New Zealand or Switzerland, some of which are already toying with UBI, will provide instructive experience for all. In the age of big data, we can monitor every aspect of their lives to uncover positive and negative effects.
We are free to learn, but do we have the propensity? H. L. Mencken said that most people never have an original thought in their lives, and I believe that to be true. Many such people draw pride and dignity from doing even the most mundane jobs, because they are supporting themselves and their families.
This entire section seems far too normative to me. It is easy to prescribe frugality and sustainability for all. Indeed, we might very well hear these nostrums from the senior party members from China and Russia as they jet to Paris for shopping.
Psychological freedom should surely encompass being able to react and form attitudes that are natural and inherently human. Some real people will be envious, shallow status seekers. They have had the freedom to be ignoble or virtuous; it is fundamental to our growth and happiness.