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by Applejinx 3289 days ago
It's possible that simply cutting dividend checks would be enough. Market capitalism is an interesting sorta-self-regulating mechanism for seeking products and services, and the big drawback is that it isn't a social structure: nowhere in there is any suggestion that the mechanism will produce a consumer class to keep the whole thing going. Without that class, it collapses.

It's possible if you just harness the engine by forcibly redistributing capital amount X (nonlinear amount scaling from negative to positive) to all (citizens? humans? living things?) then you guarantee the consumer class's existence, and make it possible to compete for the capital of that class through producing goods and services.

You might call it the Square Tax. Pay one tenth of one percent of your income, squared… proceeds to be divvied up equally as a human dividend. That neatly results in one dollar for every thousand you make, squared (or one dollar per every 'K' of income, squared). It also means you hit a limit at exactly a million dollars of income a year. I think it's safe to say if you're in a basic income/human dividend society and you still contrive to earn a million dollars a year you need to re-evaluate what you're doing with your life, and/or you already have enough resources that you REALLY don't need to be working yourself into the grave to get more: believe it or not, other people can do things too ;)