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Reminds me of this recent book review on "Georgism", an economic doctrine that states that land ownership is responsible for most of capitalism's evil: https://

Reminds me of this recent book review on "Georgism", an economic doctrine that states that land ownership is responsible for most of capitalism's evil: https://astralcodexten.substack.com/p/your-book-review-progress-and-poverty https://astralcodexten.substack.com/p/your-book-review-progr... Interestingly, Georgism agrees with you: the problem is that since land appreciates in value (as the supply is fixed and demand increases), there is an incentive to hoard it speculatively. George proposes a high land tax to negate land appreciation, and make it so it is only profitable to own land if it is effectively used (to live or to produce on). Having corporations own land instead of individuals is just about the worse compromise that can be made.

iudqnolq 5y ago
Georgism has interesting extensions. I see the core point as things that were originally allocated arbitrarily/with force should be taxed highly. If your ancestor was a knight who seized some land by force you should have to compensate the rest of society to keep it. You can extend it to pollution. Polluting is taking some of a common resource (the environment) from everyone else, so polluters should compensate society proportionately. You could even extend it to network effects in tech. If you have users just because you were first and made it hard to leave, that's something unearned you took from society that you should compensate us for. I think this one is more of a stretch and sadly probably wrong.