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The corporation sets the rent based, as Henry George wanted, on the most productive use of the land. So, a single unelected and unaccountable entity managing a
by ubernostrum 11y ago
The corporation sets the rent based, as Henry George wanted, on the most productive use of the land.
So, a single unelected and unaccountable entity managing a centrally-planned economy? This is the utopian vision?
- dredmorbius 11y agoA corporation is implementing the taxation model described by George. Note that "corporation" is any incorporated body, and need not be a for-profit enterprise. In many parts of the US, towns are corporations ("incorporated") already. I'm not familiar with the governance of Fairhope's corporation, but incorporation need not require unaccountability. As for central management of core elements of an economic system, look up the role of the Texas Railroad Commission (hint: it didn't regulate railroads) and prepare to have your mind blown.