I think your question is about 50 to 100 years later than Smith. He, so far as I know, did not distinguish between capitalism and free markets. His work was nea

I think your question is about 50 to 100 years later than Smith. He, so far as I know, did not distinguish between capitalism and free markets. His work was nearly ahead of its time as written anyway. The "time limited" thing sounds more like 19th Century Progressive thinking informed of Ricardo. It sounds basically like George to my ear. And dependent on how all the math works, I can see no reason it would not be an improvement on perpetual ownership.