3 ms·
Experts missed the way land captures a sizeable portion of the gains of labour just like Henry George said it did. Ricardo had a few things to say about this as
by TimPC 4y ago
Experts missed the way land captures a sizeable portion of the gains of labour just like Henry George said it did. Ricardo had a few things to say about this as well. The result is we can’t create a society affluent in leisure time because rents and mortgages capture enough value to force everyone to work full time. Especially now that two incomes is normal a sizeable portion of families need two incomes to have a shot at paying a mortgage.