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by cies
1887 days ago
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Socialism tries in increase wealth of individuals, just like capitalism does. The difference is that different flavours of socialism want to increase it across the board, where capitalism wants an individuals wealth to be very well protected, especially when the numbers get high, so that wealth may accumulate in few. I find it fascinating that the original Monopoly game was desgined to teach us the difference and how Georgism (taxing bad behavior) may be used by "the people/democracy" to ensure capitalism is not the outcome. Also very telling that the game was thn ripped off, and got popular as Monopoly, where the only set of rules are the capitalistic ones. |
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Georgism can be summarized as such: A person is entitled to exactly what he or she produces.
That’s the purest capitalism I’ve ever heard of. The scent of socialism you get is due to the examination that George provides of “exactly what he or she produces.”
Laborers are therefore entitled to all of their wages. Capitalists, who earn money by deploying capital (which is actually stored up labor) are entitled to all of their returns. Landlords, however, earn money by charging for access to something they did not produce - either to the “productive powers of nature” such as rivers, mines, farmable land, or to value created by the community surrounding a plot of land (such as education, cultural amenities, public transit, or private employment opportunities).
It’s really not socialist at all. It’s idealized capitalism.