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> Georgism TIL: https://en.wikipedia.org/wiki/Georgism https://en.wikipedia.org/wiki/Georgism aka Geoism IDK at first blush it seems ethically sound, but I su

• maerF0x0 4y ago
  one concern/thought that quickly comes to mind is "What about compounding value of the created?" . This seems increasingly relevant as wealth is increasingly derived from the created rather than basic underlying resources. Eg: should we land tax the rents from the metaverse?
  • aidenn0 4y ago
    A fundamental idea of Georgism is that the land belongs to everybody, so rather than owning land, one essentially rents it from the people. More desirable land is rented at a higher rate. If the land you are renting could be making someone else millions with a higher productivity use, then you need to pay for the privilege of not using it for that higher productivity use.
• aidenn0 4y ago
  Good to know that you weren't intentionally making a skewed argument for Georgism, but those 3 options seemed rather imbalanced.