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abolishing private land ownership has problems -- who decides how the land gets used? Ownership enables execution. Property taxes are a way to recover some ren
by gohrt 11y ago
abolishing private land ownership has problems -- who decides how the land gets used? Ownership enables execution.
Property taxes are a way to recover some rent from the property owner, while still enabling the independent decision making that capitablism relies on for its productive success
- njs12345 11y agoI haven't read George's original works, but his philosophy allows for private ownership of land - it's just that the 'rent' of the land - the value derived solely from e.g. its location - will be taxed at a very high rate.