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Thanks for the pointer, a new word for me. In my own thinking I've been leaning towards representing the commons, with some institution, as the sole owner of p
by CuriousSkeptic 10y ago
Thanks for the pointer, a new word for me.
In my own thinking I've been leaning towards representing the commons, with some institution, as the sole owner of property, aiming for a good distribution by renting instead. I see some similarities of sentiment.
Perhaps even the same thought taken to an extreme?
The distribution coming from two aspects. The income form rent is itself distributed evenly constituting a basic income for all. Some form of auctioning should ensure that the rent represents the current value, it also ensures the resource being allocated to the highest bidder (the one capable of providing the highest value use for the resource). Since resources must be rented also avoiding the feedback loops that encourage hoarding of capital just for rent extraction.
Thoughts in that direction:
https://en.wikipedia.org/wiki/Georgism https://en.wikipedia.org/wiki/Georgism
https://en.wikipedia.org/wiki/Geolibertarianism https://en.wikipedia.org/wiki/Geolibertarianism