this post was submitted on 04 Nov 2023
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Leftism

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The Power of Land: Georgism 101

https://youtu.be/smi_iIoKybg

Discusses importance of common ownership of land and natural resources

@leftism

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[–] [email protected] 2 points 11 months ago (1 children)

@jlou @leftism

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

[–] [email protected] 2 points 11 months ago* (last edited 11 months ago)

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