Everyone now owns wherever they are living. Current owner residents get reimbursed via taxes for their current equity over a period of time. People and government win, corporations take losses on investments and probably come out ahead anyway.
Obviously an oversimplified idea, but I think we should be asking “How can we make this happen?” more often than dismissing outright.
I don’t work in tech but literally just put stickers and opensuse on a refurbished Thinkpad I bought a few days ago 🫡
Or in a resource based economy, production would be decided by the needs of the community at various scales and not driven by sales or profits.
I think the ideal is a system that provides UBI, Nutritious food distribution, needs based housing, universal healthcare, and job services that provide aptitude testing, training and placement.
If 30% can meet our needs, the other 70% should be sufficient to provide the system and framework and enough left over for consumption, luxury and still have room for meritocracy advancement.
What’s the current wealth distribution? 10% holding 85% leaving the rest of us 15% only half of the 30 we need.
Food being wasted instead of given out. Clothing slashed and tossed away. Housing boarded up and left vacant in the name of investing.
All in the name of maximizing sales and profit. Resources hoarded and wasted.
30% of the worlds resources would be sufficient to meet everyone’s needs if properly distributed.
But it’s not because corporations see a homeless man taking a sandwich out of the trash as a lost sale.
We don’t have a resource problem, we have a distribution problem.
Resources are constantly being wasted to accelerate the wealth transfer up the chain.
I played KOTOR on a fire tablet back when they had the Amazon Underground app store and it worked alright, after underground the only apps that worked worth anything were the amazon bundle of shop/kindle/Alexa/etc.
My last one I gave to a friend (she uses it exclusively as a kindle) after Amazon ended watch party on video and I ended my subscription.
What I’m proposing you wouldn’t lose the 300k because you still have your house and you’ll get the 300k back over time. And yes taxes don’t come out of thin air, but the whole system needs plenty of overhauling.