Comments on: How might a common wealth dividend system work at the national level? https://blog.p2pfoundation.net/how-might-a-common-wealth-dividend-system-work-at-the-national-level/2015/10/13 Researching, documenting and promoting peer to peer practices Wed, 14 Oct 2015 00:54:01 +0000 hourly 1 https://wordpress.org/?v=5.5.15 By: Kevin Carson https://blog.p2pfoundation.net/how-might-a-common-wealth-dividend-system-work-at-the-national-level/2015/10/13/comment-page-1#comment-1420069 Wed, 14 Oct 2015 00:54:01 +0000 http://blog.p2pfoundation.net/?p=52301#comment-1420069 It needn’t be funded by revenue at all (or at least not all of it), if you operate on Social Credit principles and simply spend into existence a dividend equal to the shortfall in aggregate demand at any given time. If this amount is insufficient for the social purposes of a basic income, it could be combined with additional sources of actual revenue like carbon taxes, land value taxation and pigouvian taxes on negative externalities.

As for patents and copyrights, I think it would be far better to abolish them altogether and cut out the middleman rather than resort to a Rube Goldberg expedient like enforcing them and then taxing the rents.

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