The Power of Land: Georgism 101
Discusses importance of common ownership of land and natural resources
Georgism is not particularly a leftist tendency.
Commodification of land is only one kind of commodification that is commonly criticized.
Georgism advocates for more general preservation of private ownership for assets used by others in residency and production. As such, it is generally criticized for not offering any credible or comprehensive solution to the structural inequities bound to the relations of private property.
Georgism can be combined with other policies such as democratizing the workplace. Sure, not every Georgist is a leftist. The point is every leftist should be a Georgist. I personally know Georgists that are anti-capitalist.
The labor theory of property, a negative application of which is the justification of Georgism, also provides a strong argument for workers’ self-management and critique of capitalist property relations
Georgism offers no criticism against housing commodification, nor even against the home of one household being controlled by another who lives elsewhere.
It also offers no criticism against business owners controlling enterprise though the wage system.
If the assets developed on land were controlled by the public, then Georgism would satisfy no demand still unresolved.
If land simply were rented by the public, yet under private control, then the assets on it would remain privately controlled, and the public would never achieve control over housing or enterprise.
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Georgism is 1 policy. It can be combined with other policies such worker democracy and common ownership of the means of production.
The labor theory of property actually supplies one of the strongest arguments for workers’ self-management. The negative application of which is an ethical basis of Georgism
It only taxes the land based on what they do with the land and the value of things near that land, seems pretty short sighted. Tech company “x” makes a billion dollars. But what they do in the building matters not, because the value of the land isn’t really affected much so they add very little to society. So inequity continues. Also in #capitalism those with the capital make the rules. They just alter the rules in their favor. You need structural change #eattherich
Georgism can be combined with anti-capitalist policies such as democratizing the workplace etc. The rich’s control over the rules can be significantly reduced with campaign finance reform with quadratic funding. Quadratic funding is a mechanism that results in campaigns that receive small contributions from many supporters getting greater funding than campaigns that receive large contributions from a few donors
