What Will a 3D Printed Economy Look like?
Greg Beato looks at the future of the 3d printed economy:
Imagine what will happen when millions of people start using the tools that produced The Liberator to make, copy, swap, barter, buy, and sell all the quotidian stuff with which they furnish their lives. Rest in peace, Bed, Bath & Beyond. Thanks for all the stuff, Foxconn, but we get our gadgets from Pirate Bay and MEGA now.
Once the retail and manufacturing carnage starts to scale, the government carnage will soon follow. How can it not, when only old people pay sales tax, fewer citizens obtain their incomes from traditional easy-to-tax jobs, and large corporate taxpayers start folding like daily newspapers? Without big business, big government can't function.
It was called "starving the beast" when Ronald Reagan did it with tax cuts. What should we call it when big manufacturing becomes a cottage industry performed on the same scale as knitting a sweater for your cat?