3 ms·
I can't help but read a line in the article like: > The world is more prosperous than ever before and yet our societies are marked by uncertainty and unease.
by bufordsharkley 10y ago
I can't help but read a line in the article like:
> The world is more prosperous than ever before and yet our societies are marked by uncertainty and unease.
Without feeling that Henry George was describing exactly this some 130 years ago with his "Progress and Poverty."[0]
His solution was market-driven, but identified the cause of poverty to be economic rent, driven largely from the private holdings of natural resources such as land-- a Land Value Tax[1] would deliver the return of these scarce and valuable resources back to the community.
It feels to me that this stream of thought should be far more visible in the 21st century, but it remains extremely fringe. The milk-and-water socialism of Bernie Sanders, etc, may help, but it really fails to fix things at a foundational level.
[0] https://en.wikipedia.org/wiki/Progress_and_Poverty https://en.wikipedia.org/wiki/Progress_and_Poverty
[1] https://en.wikipedia.org/wiki/Land_value_tax https://en.wikipedia.org/wiki/Land_value_tax