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Automation has eliminated countless jobs. I suspect that there is no longer enough meaningful jobs/work for the entire population. But we tell people who are un(der)employed that they just aren’t trying hard enough.

Unfortunately, the fruits of automation are being hoarded by a few ultra-wealthy individuals who were in the right place at the right time with a big pile of capital. But there’s absolutely no reason that the investments they made should have been taxed at a lower rate than any other form of income.

Tax their assets. Fund the housing, food security, healthcare, and education programs that they should have been funding all along.

All of this automation should be transitioning us into a world of leisure. End the artificial scarcity created by vast concentrations of capital. If we don’t do it via taxation, history shows that it will come via bloody revolution.