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by cies 1887 days ago
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.

3 comments

Georgism is extremely capitalist, and it is not “tax bad behavior.”

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.

> Landlords, however, earn money by charging for access to something they did not produce

Not only did they not produce it, in many places they (or the ancestors they inherited it from) actively stole it from the original inhabitants. e.g. The Inclosure Acts, Colonialism, etc.

Indeed. At bottom all land ownership originated at someone brutalizing or threatening to brutalize another person. This is mentioned in the moral/ethical argument by Henry George, but there are separately robust utilitarian arguments for all the same positions.

If the moral position resonates, take it. If the economic position resonates, take it. If the political one resonates, take it. Each is very convincing by its own merits!

"Capitalism" is a fraught word because it is used both with very specific definitions, many conflicting to a degree, and it's also in very general terms. So in general conversation with people of different backgrounds, it's important to connect its usage to specific schools of thought or to more precisely define what is meant

I'll think you'll find that Marx is pretty upset about labor not being entitled to what labor produces, as well. And while Marx is not all of socialism, I don't know anybody who says that Marxian thought is outside of socialism, and I've sought out lots of socialist thought that critiques Marx.

Most critiques of capitalism are that workers are not entitled to the fruits of their labor, that capital steals from them. So if saying that somebody is entitled to work and to keep their labor is capitalist, I'm having trouble understanding where you come from, and would like to hear more. In particular, I don't think George declares that capital is entitled to the fruits of others' labor, which is what you seem to be saying.

Georgism is about socializing land, about preventing people from hoarding it and the wealth it produces. Land is the one input to production that we can't make more of, so therefore hoarding it is by far the most harmful. It's about restoring commons, after the commons had been taken away and privatized. It's about restoring all land to some form of social control, no matter who owns it and how much that person owns. And it's about redistributing that wealth that people are unfairly taking from society when they pocket unearned land rents.

My problem with Georgism is that it tends to be politically unstable and lead to tax revolts. And my problem with the typical Marxist visions (Marx himself was not super prescriptive, but in that void, Marxist thought must expand upon Marx) is the tendency to dictators and totalitarianism, something which George also predicted.

I think George is extremely compatible with, and perhaps required for, the type of socialism that was sought in the Spanish revolution of 1936.

The Georgist position is that capital is entitled to the returns on capital, labor is entitled to the returns on labor. Both of these are "legitimate" because labor would not give any gains to capital if they could produce more without it. Labor employs capital (or chooses to be employed by capitalists) because it increases the productivity of labor - it grows the pie even if they don't get the entirety of it while employing capital. Labor's legitimate claim to its own fruit is self-evident to most people.

The fruits of labor that are not accounted for in a quid pro quo transaction with capital are those that go to land, for which there can be no quid pro quo transaction because you must occupy (and labor upon) land. If there were infinite land available, labor could simply move to that land and produce what they themselves can produce from nature with no gains going to capital because they need not employ capital to survive. If there were infinite land available, the only people who would choose to employ capital (or be employed by a capitalist, same thing) are those who believe the bigger pie is worth the smaller slice.

However we do not live in a world of infinite land, and so that calculus happens^ but it is coerced by the necessity to live and work on land owned by neither labor nor capital. Given that capitalists don't work directly on land and are generally "more efficient" (this is why capital is valuable, aka this efficiency is what capital is), the world becomes separated into those above the "rent line" and those below the "rent line," and there are far more capitalists above than below and far more laborers below than above. This creates tension between labor and capital, but neither of them are getting what they produce, but that's not because capital is stealing from labor - rather land is stealing from both, just capital has greater capacity to be stolen from before descending into poverty.

In any case:

* Not every point of an ideology is mutually exclusive of every point of every competitive ideology.

* Georgism is not about socializing land nor centralizing control. It is explicitly not about that. It is about socializing the gains on land produced by external factors (nearby public and private investment, technological improvements, etc)

* You mention Georgism tends to be politically unstable. Could you point to some historical examples you have in mind?

I thought I had responded to this, but clearly I missed the reply button... I came across this classic from George Bernard Shaw and just revisited this thread. If you do see this, I'd like to thank you for engaging with me on the topic!

> When I was thus swept into the Great Socialist revival of 1883, I found that five-sixths of those who were swept in with me had been converted by Henry George. This fact would have been more widely acknowledged had it not been that it was not possible for us to stop where Henry George had stopped. America, in spite of all its horrors of rampant Capitalism and industrial oppression, was, nevertheless, still a place for the individualist and the hustler. Every American who came over to London was amazed at the apathy, the cynical acceptance of poverty and servitude as inevitable, the cunning shuffling along with as little work as possible, that seemed to the visitor to explain our poverty, and moved him to say, "Serve us right!" If he had no money, he joyfully started hustling himself, and was only slowly starved and skinned into realizing that the net had been drawn close in England, the opportunities so exhaustively monopolized, the crowd so dense, that his hustling was only a means of sweating himself for the benefit of the owners of England, and that the English workman, with his wonderfully cultivated art of sparing "himself and extracting a bit of ransom here and a bit of charity there, had the true science of the situation. Henry George had no idea of this. He saw only the monstrous absurdity of the private appropriation of rent; and he believed that if you took that burden off the poor man's back, he could help himself out as easily as a pioneer on a pre-empted clearing. But the moment he took an Englishman to that point, the Englishman saw at once that the remedy was not so simple as that, and that the argument carried us much further, even to the point of total industrial reconstruction. Thus, George actually felt bound to attack the Socialism he himself had created; and the moment the antagonism was declared, and to be a Henry Georgite meant to be an anti-Socialist, some of the Socialists whom he had converted became ashamed of their origin, and concealed it; while others, including myself, had to fight hard against the Single Tax propaganda.

https://progressingamerica.blogspot.com/2017/03/george-berna...

My view of Georgism is not about a "single tax," but rather that land rents must be socialized, and in doing so, this will end up socializing land itself. Modern day Georgists (there are dozens!) are active in creating things like community land trusts. The idea really is to socialize land, the tax movement was just the policy instrument of the time. It's still a good policy instrument, I believe, towards ending private land ownership, and may do all of it.

It's politically unstable, because once you make landlords of all your people, unless they have the insight and the shared politics of needing to socialize land, you get tax revolts. Seeing massive tax increases, without seeing your imputed rent, turns the proletariat into the bourgeois. It's how California ended up with Prop 13. And landlord brain sets in quickly even for homeowners without properties they rent. Which is not to say that it couldn't potentially be politically stable, it's just that if the socialist movement of the 1800s didn't do it, it's going to probably be far harder now, when people are far more ignorant of the economic forces, and more focused on short term material gains (which absolutely must be made too).

maybe start from the names: socialism tries to put society first, capitalism tries to put capital first. western europe democracies try to be 'social capitalism', with mixed results, but maybe not as disastrous and scary as some folks here would like them to be.
Capitalism puts capital first, sure, but it is necessary to say it specifically puts person-owned capital first.

Economically the USSR had capital too, but it was mostly owned collectively (by the state).

Hence I define the two in terms of the people that actually own stuff.

fair points, but one could argue that USSR wasn't necessarily a socialist state. it was totalitarian, which somehow gets more confused with socialist the further west you go and ask.
> USSR wasn't necessarily a socialist state

it wasn't communist (defined as: no money, no classes, no state). it was commi thoug

Lol, the Soviet Kid’s encyclopedia definition of capitalism and socialism. You Americans are so deliciously naive.
Please explain. I dont get the joke. I'm not a USer btw.