Labor Is a Market Distortion, we need VAT and UBI
The author argues that the modern economy is distorted by an over-reliance on labor as a primary driver of GDP. They propose implementing a Value Added Tax (VAT) and Universal Basic Income (UBI) to decouple economic survival from traditional labor markets.
Why it matters
Addresses fundamental debates regarding the future of work, automation, and economic policy in a post-industrial society.
There is a pretty serious gap in how the economy functions right now, has been for decades, and we have to close it.
Advocates for UBI and structural economic redistribution, which are typically associated with left-leaning economic policy.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in