• 3 Posts
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Joined 3 years ago
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Cake day: June 10th, 2023

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  • A proper Land value tax is a way of preventing owners from making any money off the appreciation of the value of land while still being profitable to construct or renovate if it adds value. It significantly reduces if not outright eliminates housing as an investment.

    Land value taxes only apply to the value of the land itself, not the buildings, and therefore desirable areas with high land value taxes have a significant incentive to sell and be redeveloped with density which spread a that tax among a larger number of tenants.

    The biggest downside is that it completely destroys existing equity. Which is both how it makes everything affordable again, and is also likely why it won’t pass as a policy for many years.


  • Currency isn’t the problem, and you really need to keep that concept separate from the issues that happen within Capitalism.

    Currency is just a convenient method to measure and exchange resources.

    Very few people desire an allocated home and weekly rations of flour, chicken, and butter. If you instead give them a list of things they can choose from, and assign ratios and a limit for total resources, all you’ve done is create a new currency.





  • Unintended consequences, or just ones you aren’t aware of?

    There’s lots of known things that will happen, both good and bad.

    • A significant de-urbanization would be likely, similar to what we saw with remote work during COVID
    • There would be a drop in certain types of crime
    • A small chunk of the population would become absolute shut-ins, and likely become very mentally unwell
    • Divorce would probably go up
    • The birth rate would likely also go up






  • You’re pulling shit out of your ass at this point, there are some doom reports out of people suggesting that may be a problem, but there are also reports out of other companies(meta for example) with documentation saying the rate is much lower and the mean failure is 6+ years.

    The other leftovers from the crash also won’t have that problem. It’s not just about GPUs. Datacenters and their infrastructure last a lot longer, and the electric generation/transportation networks will also potentially be useful for various alternative applications if the AI use case flops.