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wonkosjokeshop.bsky.social
Economic utilitarian, social libertarian, views personal
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Thread: When should governments intervene in markets? ๐Ÿงต

ways to do UHC 1. Partially or fully socialised 2. Risk-pooling/reinsurance 3. Managed competition 4. Forced savings

democracy idea Federal and state structure: Bicameral/unicameral, parliamentary system Government formed using negative parliamentarism MPs use quadratic voting to pass legislation Number of seats = number of voting credits per MP

Liberal Democrat, social/stakeholder capitalism, ordoliberal, neoliberal, state capacity libertarian, supply side progressive, economic centrist - social/civil libertarian, centre-right on taxes + centre-left on spending + centre-left on society,

Competition/productivity > wage subsidy > minimum wage > unions

regulation - negative sum game redistribution - zero sum game economic growth - positive sum game

Might need to throw in a progressive payroll tax as well to be revenue neutral

Thread: When should governments intervene in markets? ๐Ÿงต

Tax ๐Ÿ‘‡ negative externalities -> economic rents -> consumption

By removing the penalty on deferred gratification, you get neutral treatment whether you choose to spend now or later

1/2 ๐Ÿ“Š My Centre-Left Tax Plan for the U.S. ๐Ÿ‘‡ * Steeply progressive consumed income tax with top tax rates going over 100% * Inheritances included in tax base * IP tax and carbon tax

1/2 ๐Ÿ“Š My Centre-Left Tax Plan for the U.S. ๐Ÿ‘‡ * Steeply progressive consumed income tax with top tax rates going over 100% * Inheritances included in tax base * IP tax and carbon tax

1/6 ๐Ÿ“Š My Centre-Right Tax Plan for the U.S. ๐Ÿ‘‡

1/6 ๐Ÿ“Š My Centre-Right Tax Plan for the U.S. ๐Ÿ‘‡

Tax ๐Ÿ‘‡ negative externalities -> economic rents -> consumption

By removing the penalty on deferred gratification, you get neutral treatment whether you choose to spend now or later