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> because people try to hold the project hostage for ransom Unions hold countries hostage by closing down rail or airports. Still, a solution that doesn't cost
by nickpp 3y ago
> because people try to hold the project hostage for ransom
Unions hold countries hostage by closing down rail or airports. Still, a solution that doesn't cost 1 billion dollars per person is always found.
> imagine that you had to negotiate with 10,000 homeowners
Imagine you offer them 2-10x market value. With a confidentiality clause. And the threat of confiscation or project abandonment. I believe an amiable solution would be found in most cases.
- AnimalMuppet 3y ago> Unions hold countries hostage by closing down rail or airports. Still, a solution that doesn't cost 1 billion dollars per person is always found. Sure. It's often found in the form of a court decision. > Imagine you offer them 2-10x market value. With a confidentiality clause. And the threat of confiscation or project abandonment. I believe an amiable solution would be found in most cases. Sure - in most cases. And for the ones that won't? You're going to have to either abandon the project, wait for them to die, or confiscate.
- nickpp 3y ago> And for the ones that won't? Then you confiscate, sure. And show publicly that you offered 10x and were refused. But not confiscation by default, in all cases. I guess my argument is that if you really want something, you better pay up. Like for anything else, from cars and boats to 10x developers. What if the government could come to you whenever they want and say: I forcefully require your work and talent and I will not pay more than market price for it.
- sarchertech 3y agoThey can and have. It’s called conscription.
- AnimalMuppet 3y ago> But not confiscation by default, in all cases. They don't (at least, I don't think they do). I don't know if I said something that you interpreted as "confiscate first", but that was not what I meant.
- nickpp 3y agoI went through such a expropriation a couple years back. All I got was a notification letter and a check for corresponding amount (arguably under market value).
- basil-rash 3y agoThe problem is who gets to determine the value of that land. If the government wants you to write software for them for a year, you can protest that you’re a 10x developer deserving millions of dollars all you want, all they need to do is look at your tax return for the last year and pay you double or whatever. On the other hand, if your family has been living on that ranch and tending that land for hundreds of years, and every generation has contributed to building out and maintaining the homestead, the government can’t properly say “well that derelict lot down the way sold for 100k, we’ll give you 1M and call it fair”.
- unethical_ban 3y agoYou just described eminent domain. What, you thought the government took land with no compensation? Saying it should be 2-10x market value is quibbling over execution, not ideology.
- nickpp 3y agoMaybe I am quibbling about execution, but as someone who went through a (tiny) expropriation I find it's huge difference between: "here's just market value (in a depressed market too) for the land you really cared about" and vs "here's a nice generous profit on something the big guys really really need. I mean if you're gonna f_ck me in the end anyway, at least have the decency to buy me dinner first.
- sarchertech 3y ago> Unions hold countries hostage by closing down rail or airports. Still, a solution that doesn't cost 1 billion dollars per person is always found. Completely different situation. You only need the majority of the workers in the union. No single person or small group of people can hold up the process. For this situation to be at all similar to a union negation, you’d need to group all affected property owners together, offer them some multiple of property value each and ask for a group vote as a binding decision. That’s still eminent domain, just potentially with a higher payout, which equates to a higher cost to the taxpayers.
- nickpp 3y ago> equates to a higher cost to the taxpayers Considering the astonishing inefficiency of government works I really doubt confiscation compensations is a significant expenditure.
- sarchertech 3y agoThe government almost never does the work on an infrastructure project, but the high price of infrastructure have much less to with the fact that the government is paying the bill than with the regulations that any project public or private has to work within. If we stopped eminent domain though, property purchase prices probably would become a significant portion of the total expense.