They think the LVT will solve all social problems ever. That’s the premise of the book he wrote about it.
He’s basically like Marx, but instead of communal ownership of production he thinks taxing land value will solve all society’s problems. Like communists, Georgists think if you just read this book and BELIEVE poverty will disappear.
The LVT has a lot of merits, but it has lots of drawbacks. It’s difficult to value land as district from property, for one. It would also be highly inaccurate in the case of mineral rights and other factors.
They think the market will solve all problems ever.
He’s basically like Marx, but instead of charging for the use of something, he thinks taxing work and output will solve all society’s problems. Like communists, Capitalists think if you just understand economy and BELIEVE poverty will disappear.
Capitalism has a lot of merits, but it has lots of drawbacks. It’s difficult to punish someone for working, for one. It would also be highly inaccurate in the case of different amount of use of resources.
Georgism is an ideology.
They think the LVT will solve all social problems ever. That’s the premise of the book he wrote about it.
He’s basically like Marx, but instead of communal ownership of production he thinks taxing land value will solve all society’s problems. Like communists, Georgists think if you just read this book and BELIEVE poverty will disappear.
The LVT has a lot of merits, but it has lots of drawbacks. It’s difficult to value land as district from property, for one. It would also be highly inaccurate in the case of mineral rights and other factors.
Your comment doesn’t have any value.
let me use it for capitalism:
That’s true of all ideologies, they are ideal theories that have no basis in reality.
Reality is a mix of various ideological systems and beliefs interacting with each other.