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If they do it right, might be an experimental verification of the principles of Georgism: https://en.wikipedia.org/wiki/Georgism https://en.wikipedia.org/wiki/G
by MrBuddyCasino 5y ago
If they do it right, might be an experimental verification of the principles of Georgism: https://en.wikipedia.org/wiki/Georgism https://en.wikipedia.org/wiki/Georgism
Which would be cool.
- dismalpedigree 5y agoSo everything is public invest then? I fail to see any incentive for private investment. It seems like this would lead to a dull and monoclonal existence. Not to mention putting all the power in a single governing body. What am I missing?
- ethanbond 5y agoYep. Equitism seems like a rebranded Georgism/Geoism. To answer GP’s question, the land would be owned by a fund held by the residents of the city. Similar to Singapore. Unsurprisingly it has massive public infrastructure budgets because the public captures the return on its investments, instead of whatever random landowners happen to have land near those investments. See: the value of land near a new subway station or school.