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> Any natural resource which is inherently limited in supply can generate economic rent... Georgists argue that taxing economic rent is efficient, fair and equi
by the_local_host 5y ago
> Any natural resource which is inherently limited in supply can generate economic rent... Georgists argue that taxing economic rent is efficient, fair and equitable.
Take out "natural" and it seems like any non-inflationary cryptocurrency would be a target for a Georgist tax.
- pgreenwood 5y agoThe difference is you can opt out of the crypto game, not so easy with natural resources like land.
- exclipy 5y agoTreat "carbon budget" as a natural resource and you've invented a carbon tax. Georgism just makes so much sense because if "mother nature" (or "natural capital", if you want to sound less hippie) is not charging for the things we take from it, then we're basically stealing from it. Even if you're a hardcore capitalist, you have to agree that it's not truly capitalism if it's all based on stealing from the largest provider in the system.