 Digital Rent and the Universal Basic Income: Social Distribution of “User-Created Value”Hangwoo Lee ()
Chapter Chapter 9 in Affective Capitalism, 2023, pp 201-233 from Springer Abstract: Abstract This chapter examines the rationale for “user-created value” to be an essential element for the taxation on huge rent multinational corporations enjoy, beyond the means of readjusting the permanent establishment status for allocating corporate tax to individual countries. It argues that as digital rent originates from the value-producing labor of the population in the digital network, universal basic income should be an option for a fair distribution of wages and profits, separating income from employment. In addition, this chapter addresses the nature of digital rent with the concepts of place-specific and corporate-specific rents. The value of the digital platform relies heavily on the digital labor of users producing network effects in a specific place. Thus, it would be comparable to the place-specific rent of resource mining. Since public funds cover most risks and sunkness involved in intellectual property development, efforts to return corporate-specific rent to society with public equity or royalties are sufficiently justified. Date: 2023 There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-99-8174-8_9 Ordering information: This item can be ordered from DOI: 10.1007/978-981-99-8174-8_9 Access Statistics for this chapter More chapters in Springer Books from Springer |
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