3 ms·
I agree with not agreeing with his debt-based asset-building approach. But you can still follow the same path in a tech way, such as selling your own product o
by miseg 11y ago
I agree with not agreeing with his debt-based asset-building approach.
But you can still follow the same path in a tech way, such as selling your own product online. As you work on it, if it's producing income, that can begin to be an asset for you.
- branchless 11y agoSure, that I have no problem with. Go forth and create wealth. Do not take land monopoly in a flawed system and force others to give you their labour.
- tome 11y agoAnd if that land was purchased with wealth that was created, what's the problem?
- branchless 11y agoMost is purchased with debt - this is what sets the price. Also they are not making new land. Why should people have the right to charge people to live on a part of the earth in perpetuity? The state builds infra around it then the land owner charges a fortune for people to have the right to exist. Land is a special case and should be treated as such. Land value tax would address this by capturing most of the added value from land for the common wealth rather than land monopolists.
- AjithAntony 11y ago>Land value tax. Property taxes already exist. The people renting the property already pay it. If that tax goes up, then so do the rents.
- miseg 11y agoAgreed.
- AjithAntony 11y agoWhat if the value I create is a house that other people can live in? Am I allowed to collect payments from them, or was I supposed to gift it to them?