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RE: A Simplified Taxless State: A Proposal (part three of three)

in #liberty8 years ago

Create a blockchain that works so well it takes care of this on its own. I can only see this working if all the leasing and expenditures are done on block-chains (or better) under smart contracts

That's a feature of this proposal: it very much encourages a reconstruction to more efficient market technologies like smart contracts as you describe.

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I am a smart-contract developer, and this is my biggest 'dream scenario' for the way 'government' funds are 'handled'.

Ties nicely into what I call "cooperative agorism", which is both sort of a "gradualist" (that's a socialist term though) approach to implementing and maintaining anarcho-capitalism in spite of potential natural tragedies that could strike any society; Such as for example a sudden draught, a spike in unemployment or some instances of child poverty, which If left unchecked even just for a short time, could lead to an increased demand for the state.

The implementation of capitalism and the prevention of such a crisis is accomplished by entirely volountary cooperatives, that ideally would make money from their support for the markets; their agorism. These organizations must "outbuild" the state in the white, grey and black markets, so that the state becomes visibly obsolete.

A cooperative and its members could be backed by a decentralized currency with an inbuilt UBI / similar solution, or such a cooperative could "outsource" such concerns if they/someone else came up with a more nimble market mechanism for "commoditizing" unemployment. (I'm thinking bond markets etc)