Just a quick correction, this isn't written by Day. As noted in the forward, it is by JW Mason:
J. W. Mason is Associate Professor of economics at John Jay College, CUNY and a fellow at the Roosevelt Institute.
alicirce
joined 1 year ago
While obviously capitalism sucks for art, it's not clear to me that a LToV-based system would allow you to make the type of art you want to make without consideration of what the people who use the art will value.
Maybe you find this essay has some useful ways to think about it: https://redsails.org/china-has-billionaires/
It quotes from mainstream media sources to support the charge that the communist party keeps their reins on the billionaires in a way that just doesn't happen in capitalist countries, with an eye towards long term goals.
there's an email listed on the RedSails "contact" page: https://redsails.org/contact/