Redistribution after the fact is likely to fail, because by the time it becomes politically feasible those controlling the AI economy may be powerful enough to evade meaningful taxation, a pattern history has repeated from the Medici to the robber barons to contemporary tech monopolists.
Source quote, verbatim
By the time redistribution becomes politically feasible, those controlling the AI economy may be powerful enough to evade meaningful taxation.
From
Wulf A. Kaal, The Collapse of Scarcity Economics (2026), VIII.D. Capital Concentration and the Predistributive Imperative, p. 32 https://ssrn.com/abstract=6421319 · source PDF
Cite as
Wulf A. Kaal, The Collapse of Scarcity Economics (2026). SSRN: https://ssrn.com/abstract=6421319
Holds when
applies to redistributive mechanisms such as universal basic income that operate after wealth concentrates
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