Re: [PEN-L:100] microsoft

2000-05-26 Thread r-j-k harper

michael wrote:
 
 I have posted a copy of Nathan's Microsoft Monitor, because his was
 rejected.  Marx said that concentration of capital would make the
 transition to socialism easier.  The state would have an easier time
 taking over the few supermarket chains than the motley collection of
 bakeries, vegetable stores and butcher shops that distributed food in
 earlier times.
 
 Yet, Microsoft wants to put itself in a position to collect vig [a
 gambling term for the share of the pot that the house takes] from
 everything that goes on within the net.
 
 What does the Microsoft case tell us about our economy and the possible
 transition to a better society?
 
 --
 Michael Perelman
 Economics Department
 California State University
 Chico, CA 95929
 
 Tel. 530-898-5321
 E-Mail [EMAIL PROTECTED]

The OS Solution that seems most appealing is a simple change
in the duration of operating system copyright protection.  If
vendors could only protect, say 2 generations, of operating
systems (or other software), then the windows 3 series and DOS
would enter the public domain.  There's lots of talent out
there that could create many excellent choices from either platform.
I suspect many of us would like to have a non-crashing OS.

Rich





Can Labor Benefit From Laws Written for Capital?

2000-05-23 Thread r-j-k harper

Looking for insights into a discussion of preferential US taxation.

The US tax system clearly penalizes labor with the highest tax rates.

Lower rates are reserved for long term capital gains, plus exclusion
from social security taxes.

Could labor be compensated with long-term capital gains?

Example:  worker purchases "labor" stock certificate for $1.  After
long-term cap gain period its value (guaranteed by repurchase agreement
or option purchased for another $1) has risen to be equal to usual
earnings.  Labor stock certificates could represent any quantity of
work, and perhaps would assume negotiable status.  

Major impact:  same preferential tax rate as LTCG for labor.

Comments?  Has this ever been tried?  Rich