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by tim333
3217 days ago
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> You’ve got to think of “land” as a metaphor for all unproductive forms of capitalism... Goldman... Banking existed in George's day too and when he said land I think he meant land. Land issues are still relevant today - in SF/silicon valley much of the value created by the tech industry has ended up with landlords who did nothing to produce it. You could make an argument for taxing that and spending it on social stuff. Also places like Monaco and Hong Kong have been successful in having low / zero taxes on wages etc by the government keeping ownership of much of the land and getting income from that. |
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