Re:Technological Unemployment: Much More Than You Wanted to ...
by nwah1 on Tuesday February 20, 2018 @04:34PM
(#16424413)
Labor is the active force, and land is the passive force. Production cannot happen without both.
As for everyone being rentiers, I'm not sure I see the problem. Everyone being rentiers ensures a minimum standard of living, allowing us all to share in the progress of civilization. But really, land value taxation itself raises the "margin of production" even without any kind of redistribution.
The mention of trickle-down seems like a non sequitur.
Rentiers are just the current solution that forces farmers to work til Friday. The problem is that trickle down doesn't work.
Land value tax just makes everybody rentiers and racks off the farmers because they get nothing of exchange value in return for their week of labour.