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So in essence the government seizes all property and rents it back to us? Geez, man. Even medieval serfs could own property on better terms than that.
by fennecfoxen 11y ago
So in essence the government seizes all property and rents it back to us? Geez, man. Even medieval serfs could own property on better terms than that.
- ZenoArrow 11y ago> "So in essence the government seizes all property and rents it back to us? Geez, man. Even medieval serfs could own property on better terms than that." The ownership wouldn't transmit back to the government, it'd be converted into public property but with the option to renew ownership. Public property is not the same as government owned. The idea is to get rid of accumulation of wealth beyond a single generation, i.e. in general you only own what you earned in your own lifetime (plus some extra from the generation that preceded you).