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by s1artibartfast 1298 days ago
Im pretty sure if you look up the laws, that is exactly how private land ownership rights work.

I get that you are trying to make a normative statement of how you think things should work, but it doesn't help to deny the reality you live in.

I'm open to the idea that a different model of land rights would lead to different outcomes, after all, how couldn't it. however, I am not so sure that government ownership of all land would have the positive outcomes you do, at least not in terms of affordability. Would everyone be subject to eviction from their homes by a higher bidder? What happens to homes people built and improvements they have made when they are evicted?

What if those most able to pay high land rent are corporate land lords who can most effectively extract wealth from tenants?

1 comments

Indeed, I'm talking about what I philosophically believe should be (Georgism)

You're right, those are all legitimate issues that would have to be addressed carefully. A key part of that would be redistribution of the revenues to the people.

That is interesting.

My understanding of Georgism is that the revenue would be used to support the government services.

Is there a subset of Georgism which focuses on the redistributive element?

My main concern with Georgism + redistribution is that I think it would generate a feedback loop where the government captures all production value, not dissimilar to Marxism.