Yeah no. Its a new system of course, not the same as the one we are in. To work indefinitely, and not just through a tax or currency scheme, the results of automation would have to be reconsidered. Now if somebody builds a factory, the factory belongs to them but also the output of the factory forever belongs to them. This creates a huge imbalance, with some folks 'earning' hundreds of millions a year forever, for no real effort beyond the initial investment.

If something like VAT were used, it would change things. Without dis-incentivizing real work. This system is already in use around the world, just not in America at the moment.