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Georgism Thread


               
2022 Aug 5, 4:00pm   29,803 views  195 comments

by Patrick   follow (59)  

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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193   Patrick   2025 Aug 10, 1:34pm  




All of that could be avoided by funding the government with a land value tax and tariffs.

Maybe the federal government should run 100% on tariffs, and state and local governments on the land value tax.
194   HeadSet   2025 Aug 10, 5:46pm  

Patrick says

state and local governments on the land value tax.

Local governments already have a land value tax. This is virtually every city/county in the nation.
195   Patrick   2025 Aug 10, 6:01pm  

Yes, a good start. Now they need to eliminate the taxes on the buildings, then eliminate income tax and sales tax.

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