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Culture War Roundup for the week of March 25, 2024

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Any other than a completely totalitarian state has very limited means to change any of these things.

Robin Hanson has suggested making a financial asset out of future tax revenue, and giving some of that to parents.

That could reach the necessary scale, I think.

Source for anyone interested in the details

See also:

  • The Unincorporated Man, in which every person is "incorporated" at birth into tradable shares, of which the parents get 20 percent held jointly, the government gets 5 percent, and the person cannot sell the last 25 percent (which is enough for him to support himself in this high-productivity future setting; the percentage might have to be higher in the present day)

  • Income-share agreements

I see Hanson has two kids. Why didn't he have more? When someone is suggesting bigger family sizes, I think it's a legitimate question to ask.

Robin Hanson has suggested making a financial asset out of future tax revenue, and giving some of that to parents.

That used to be the case that the elderly parents would move in with or remain in the family home with the eldest son or other married family member who would then look after and support them, on the model of "they took care of you when you were unable to do so, now it's your turn to support them". But then socially we decided that we didn't want that, and if you take the model of "move to where the money and jobs are" (again, another debate on here recently), then families by default were broken up - parents in one state, children scattered all over, having their own families and own lives elsewhere.

We've done away with the expectations of supporting the parents and any suggestion of "I have to give a percentage of my wages directly to them, just because they decided they wanted to live on Easy Street and have kids to take care of them" is going to be resented. Besides, this is what we're doing currently with social security - you pay in, then in old age you get the benefits, but they come from the payments made by the younger workers. We don't have enough younger workers and there's already a lot of resentment about "Boomer voters going to vote in elections so they get a bigger slice of the pie".

Maybe I hate my parents, don't want to pay them back, so I deliberately fail at life in order that the "future tax revenue" is as small as possible. What are they gonna do, have a late-late-late term abortion?

I don't expect people are going to stop caring about their own life.

Also, he suggests that the asset can be sold and transferred, have financial derivatives made, etc.

That's why I think it's foolish. You're packaging up someone's life as a bundle of "we can make PROFIT off this" and that's not how it works. Who wants to be an indentured servant, even to their parents? And the experience we've had with packaging up and selling on and that bundle gets sold on etc. should make us wary. "I owe my soul to the company store, 21st century version" - the vulture fund that bought my future tax earnings is sending me to the salt mines.

I've never found Hanson a compelling thinker, and the more of his batshit 'let's just imagine for a second that you gently rape a sleeping woman' thought experiments I hear about, the less impressed I am.

But you literally already have to pay the money, just to the government.