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Perhaps it is not so odd. Georgism seems to be an idea that aligns with interests among both left and right. In particular, it would seem to appeal to both labo
by yesbabyyes 10y ago
Perhaps it is not so odd. Georgism seems to be an idea that aligns with interests among both left and right. In particular, it would seem to appeal to both laborers and professionals.
Also, anybody in an urban, flourishing area such as San Francisco, New York, London or my native Stockholm would no doubt resonate with this, I quote further from the linked Wikipedia article, emphasis mine:
> George emphasized ground-rent because basic locations were more valuable than other monopolies and everybody needed locations to survive, which he contrasted with the less significant streetcar and telegraph monopolies, which George also criticized. George likened the problem to a laborer traveling home who is waylaid by a series of highway robbers along the way, each who demand a small portion of the traveler's wages, and finally at the very end of the road waits a robber who demands all that the traveler has left. George reasoned that it made little difference to challenge the series of small robbers when the final robber remained to demand all that the common laborer had left. George predicted that over time technological advancements would increase the frequency and importance of lesser monopolies, yet he expected that ground rent would remain dominant. George even predicted that ground-rents would rise faster than wages and income to capital, a prediction that modern analysis has shown to be plausible, since the supply of land is fixed.
- cmdrfred 10y agoWe like to think things are so different from 50 years ago, let alone a few hundred. When I talk to people my age, they puff out their chests and tell me I'm a fool for buying a house. "If you had that money in the market you'd make 7%" they tell me, "What's that house get you 4?" they guffaw. What they miss is nothing has really changed, rent strangles the laborer and professional alike. Sharecropping is alive and well the only difference is we added a commute and called it progress.