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by Ray20
9 days ago
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> unless automation taxes pay for it But this doesn't solve the problem in any way; it simply leads to production drop. I mean, this is literally the logic of every communist government in the 20th century. They had the same logic that "given the mechanization of agriculture, food practically produces itself; you just need to throw a seed in the ground and give it a couple of tractor rides, and the earth will do the rest. Therefore, we need a tax on such activity, because we have enough resources to feed everyone". In other words, it's literally a pure tax on automation. The results were mass deaths from starvation every single time. |
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There has yet to be an attempt at a centrally planned economy that actually had accurate data to plan with.
Not advocating for central planning but the important point is that these failure modes are possible under any tyrannical regime. For an example of where capitalist competition fell down in a similar way, look no further than the Irish potato famines.