1. those superseded by tech who are incapable of adding "value" as defined by our current economy
2. those using the state to appropriate labour, such as banks using their monopoly on credit creation to force up land prices to extract labour
We should be focusing on taxing rentier activity to provide for the former in order to obliterate the latter.
Land value tax must be used to fund a basic income.
1. those superseded by tech who are incapable of adding "value" as defined by our current economy
2. those using the state to appropriate labour, such as banks using their monopoly on credit creation to force up land prices to extract labour
We should be focusing on taxing rentier activity to provide for the former in order to obliterate the latter.
Land value tax must be used to fund a basic income.