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Georgism Thread


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2022 Aug 5, 4:00pm   25,504 views  181 comments

by Patrick   ➕follow (60)   💰tip   ignore  

Having read an abridged version of Henry George's Progress and Poverty, I'm trying to clarify in my own mind exactly how it could work, and what legitimate objections might be. Georgism seems to explain property prices in the Bay Area very well, and how the higher salaries from increased productivity around here get sucked up by non-productive landowners.

These links look pretty good. I just read the first one. They all pretty long, but seem worth the read:

https://astralcodexten.substack.com/p/your-book-review-progress-and-poverty
https://astralcodexten.substack.com/p/does-georgism-work-is-land-really
https://astralcodexten.substack.com/p/does-georgism-work-part-2-can-landlords
https://astralcodexten.substack.com/p/does-georgism-work-part-3-can-unimproved
https://www.theirishstory.com/2016/10/18/the-great-irish-famine-1845-1851-a-brief-overview/

The main impediment, politically, would be the reduction in land prices. But perhaps some tech billionaires would throw their weight behind Georgism purely out of self-interest. They would come out ahead if income tax is reduced as much as the land value tax is raised.


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180   HeadSet   2024 Sep 5, 7:01pm  

DemocratsAreTotallyFucked says

HeadSet says


So, the many times that lands prices have decreased, does that mean that those "others" have soaked income of the landowner?


First, it's the other way around. And second, obviously what goes up can go down. Again, look at West Virginia after Obama nuked the domestic coal industry.

I think we agree here.

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