5 ms·
Well okay, but in the modern era like ours where value is increasingly found in intellectual property and an increasingly mobile workforce, physically commodify
by lr4444lr 7y ago
Well okay, but in the modern era like ours where value is increasingly found in intellectual property and an increasingly mobile workforce, physically commodifying land like that sounds more limiting, wedding the theory to a 19th century economy.
- dodobirdlord 7y agoWhile true, the underlying land is still enormously valuable, and the principle of the land value tax applies to other land-like things, most notably rights to use electromagnetic frequency bands.