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by smallmancontrov
670 days ago
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The mistake made by Georgism is to assume that rent extraction is a bug. It's not. The economy is literally owned by rich people -- that's what capitalism is -- so rich peoples' opinion is the one that counts, and rich people want to get paid for being rich. Rent extraction is a feature not a bug. Georgism will never see political success due to this misunderstanding of political economy. |
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