With Labor Day just around the corner, now is a good time to discuss (and, more than that, to take up the cudgels against) a bad idea popularized by leading figures in Silicon Valley. It is really a two-part idea….

Some people just don’t know when to quit. Despite the historic failures of Communism, and recent rebukes to socialism such as Brexit and the election of Donald Trump, the far left has concocted yet another harebrained scheme aimed at ensuring…