In an attempt to deal with an affordable housing crisis, the Dutch housing minister recently proposed a law that would have allowed municipalities to force some property owners to sell their homes only to low and middle-income earners. The problem the policy is trying to fix is one that’s particularly acute in Canada.

  • sin_free_for_00_days
    13·
    1 year ago

    Yep, tax capital, not labor. It seems so obvious.

    Labor is prior to, and independent of, capital. Capital is only the fruit of labor, and could never have existed if labor had not first existed. Labor is the superior of capital, and deserves much the higher consideration. --Abraham Lincoln

    • parrot-party@kbin.social
      6·
      1 year ago

      That was back when labor was biological. The only form of automation was animal labor. Now machines can do so much without any human labor at all. Taxing income only gets worse since these machines don’t have an income. Some companies can run without any human interaction at all, just a company self inflating it’s value. I’ll only get worse with AI and robotics. We need a way to keep these companies from just consuming all resources and paying nothing back.