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9 Cards in this Set
- Front
- Back
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Minimum income
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breaks positive feedback loop which causes recessions, econ stability
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Caps on income and wealth
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thermodynamics,
We will be less worse off tomorrow if we do not impose caps on consumption |
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Wealth, status and power
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Getting wealth for status problems: 1. to show status people show off, consume large amounts
2. Status is measured relative to other' positions and is zero-sum |
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ESOPs
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Employee Shareholder Ownership Program- workers have shares in company , screwed if it goes bankrupt, more productivity, higher efficiency(in human neesds), better workplace environments, CEO problem
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CSOPs
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Community Shareholder Ownership Programs
internalize externalities |
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Rent
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payment above necessary supply price. Production cost of land is 0 therefore all payment for land is rent.
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Public Subsidies
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Hard to stop, can encourage inefficient behavior that is bad for envron
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Alaska Permanent Fund
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Alaska charges for extracting oil, money made this way goes into a trust. The interest from said trust is then distributed to Alaskan residents
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Land Tax
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society creates value of land, should redistribute value to citizens.
Drives down value of land. takes out speculators |
