Pay taxes (or ideally NOT pay) in a 3 jurisdiction
In the olden days all 3 elements were more or less in one situ, so when the economy gained all gained. Today only the networked elites gain.
I actually disagree with your final conclusion - I think what it will take is a mass populist rising against the PMC. With Trump's election its starting.
If Trump wants to get the US Constitution amended and get himself a landslide third term, he and the Republican Congress will pass a federal law making self-driving trucks and taxis illegal. Boom, 1/3 of men and a huge chunk of women and the people who depend on them are his.
I actually thought he might do that, but now that Elon's in the mix... eh.
Interesting point! I'm not sure how feasible it is, especially over the longer-term, to simply outlaw labour-saving technologies. But I'm sure there will be plenty of support for such policies, especially once automation starts impacting the professional-managerial class, and not just the class of people who drive vehicles for a living.
In terms of arbitrage its actually a 3-way split:
Produce in low-wage countries 1
Sell to high-income consumers in 2nd jurisdiction
Pay taxes (or ideally NOT pay) in a 3 jurisdiction
In the olden days all 3 elements were more or less in one situ, so when the economy gained all gained. Today only the networked elites gain.
I actually disagree with your final conclusion - I think what it will take is a mass populist rising against the PMC. With Trump's election its starting.
Thanks for the feedback! Maybe we need to team up and point out each other's blind spots, Helen and Lorenzo style.
If Trump wants to get the US Constitution amended and get himself a landslide third term, he and the Republican Congress will pass a federal law making self-driving trucks and taxis illegal. Boom, 1/3 of men and a huge chunk of women and the people who depend on them are his.
I actually thought he might do that, but now that Elon's in the mix... eh.
Interesting point! I'm not sure how feasible it is, especially over the longer-term, to simply outlaw labour-saving technologies. But I'm sure there will be plenty of support for such policies, especially once automation starts impacting the professional-managerial class, and not just the class of people who drive vehicles for a living.