Earlier quoted context omitted.
This is just one scenario, but you can imagine a system where the person who profits over any IP would pay IP tax, which would then get distributed upstream to previous registered contributors. IP producers would need to be tracked, but this is something that systems such as github already do extremely well, and credit card companies already run systems that process fees for every single transaction. Producers will a…
Okay, now one more paragraph about how anyone is incentivized to create anything in this system
The trick is to create a society where creators get fed, and that still remains compatible with capitalism because we are in love with capitalism.