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by eevilspock
4534 days ago
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All you libertarians aren't real libertarians unless you honestly answer the points raised by Geolibertarianism and Georgism. You should google both of those terms, but here's a good primer: http://geolib.com/essays/sullivan.dan/royallib.html Another way to think about it is this: If you believe in the free market and it's ability to find the "right" price for everything, even the abstract (e.g. the time value of money), then how can you support a government enforced system that allows a finite amount of money to purchase an infinite amount of something, which is what ownership of land in perpetuity amounts to. Property taxes are a weak proxy for the time value of land, and is not determined by the free market. If we want a true free market, all land should belong to the commons, and we have a free market of long term leases. The proceeds go to the community pot (e.g. pay for government services, or checks sent to every person). Gentrification thus costs the gentrifiers and pays those who lose out. Please read the above link and understand the arguments before responding to my claims in this paragraph. |
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I'm not a "real" libertarian; I am neither a child nor a sociopath.
> If we want a true free market, all land should belong to the commons, and we have a free market of long term leases. The proceeds go to the community pot (e.g. pay for government services, or checks sent to every person). Gentrification thus costs the gentrifiers and pays those who lose out
I'm fine with that. Seriously. I'd even send checks to the poor bastards in Somolia. I mean it's a shitty world where I make a lifetime of money every month because I was born white, male, American, and am autistically brilliant at telling comptuers what to do, while other people die of malnutrion.
What I have a MAJOR problem with, is people who rent in San Francisco, and thus insulated themselves from real-estate downside risks, but now that upside risks are impacting them, want bailouts. "But I'm special, I live in San Francisco, I'm a unique snowflake that deserves to pay only $600/mo for a $2,600/mo apartment because eveyone else is so rich and I'm so poor and lattes are so expensive!"
(And yes, I do donate to charity, and I don't write that money off on my taxes, as I don' think that charity should displace the obligation of a government toward its citizens)