Watching factory towns hollow out as machines replaced the jobs that used to define entire communities makes me believe the companies profiting from that automation owe something back to the people it displaced.
Watching factory towns hollow out as machines replaced the jobs that used to define entire communities makes me believe the companies profiting from that automation owe something back to the people it displaced.
MIT economist Daron Acemoglu's research on automation taxation found that taxing robots specifically, rather than general corporate profit, can actually slow beneficial productivity-boosting automation without meaningfully funding a UBI at any serious scale, since automation's economic gains are more diffuse than a per-robot tax model assumes.
Should wealthy nations be required to pay reparations for colonialism?
Is caste-based reservation system still necessary in modern India?