The options between inflationary and non-inflationary options would be that a central authority print +25% new money and gives it away to eveyrone equally or that the central authority takes 20% of everybodys money and deals it out equally to everybody. This seems very similar to a flat tax arrangement. A lot of countries have even more aggreessively progressive taxation ie rich people cash in at more than 20% and poor people can end up getting more than the average. I don’t know whether it being targeted to total wealth or at income is significant.
One could think of the arrangement also that everybody gets 1 stock of the “country” and then dividends are paid out per stock. Probably the main difference would be that stock are free to be transfered in deals while “citizenship stocks” would be inalienable. Otherwise some person migth end up holding multiple stocks like 3 (or say 2/3rds more for a total of 5⁄3 what everybody else has). Even if it would cost any finite amount of “current market power” “in the long run” it would be worth it.
I think the existence of centralised actor that is more clearly motived by public rather than private concern makes oriinary arrangements work. If all the actors have only private concerns it is unclear tome why I would want anybody else to have money. That is a alpha 0 money needs to be politically unfeasible in order for rich people to succum to any higher alpha. If part of the public concern is establishing and maintaining private property rigths then the tradeoff of paying the upkeep of maintaining the system makes sense.
The options between inflationary and non-inflationary options would be that a central authority print +25% new money and gives it away to eveyrone equally or that the central authority takes 20% of everybodys money and deals it out equally to everybody. This seems very similar to a flat tax arrangement. A lot of countries have even more aggreessively progressive taxation ie rich people cash in at more than 20% and poor people can end up getting more than the average. I don’t know whether it being targeted to total wealth or at income is significant.
One could think of the arrangement also that everybody gets 1 stock of the “country” and then dividends are paid out per stock. Probably the main difference would be that stock are free to be transfered in deals while “citizenship stocks” would be inalienable. Otherwise some person migth end up holding multiple stocks like 3 (or say 2/3rds more for a total of 5⁄3 what everybody else has). Even if it would cost any finite amount of “current market power” “in the long run” it would be worth it.
I think the existence of centralised actor that is more clearly motived by public rather than private concern makes oriinary arrangements work. If all the actors have only private concerns it is unclear tome why I would want anybody else to have money. That is a alpha 0 money needs to be politically unfeasible in order for rich people to succum to any higher alpha. If part of the public concern is establishing and maintaining private property rigths then the tradeoff of paying the upkeep of maintaining the system makes sense.