Re:Letter from a Young Distributist: Georgism and Distributism
by AnimalMuppet on Thursday April 28, 2022 @04:15PM
(#31197655)
> All forms of economic land, including such things as natural resources and intellectual property, also generate economic rents and are candidates for taxation.
That fixes my biggest complaint about Georgism.
Take Google, for instance. What is the basis of their income? It's not the land they own or occupy. It's that they own google.com.
Where does IBM's money come from? Not from the land they own in upstate New York. It comes from their patent portfolio.
That fixes my biggest complaint about Georgism.
Take Google, for instance. What is the basis of their income? It's not the land they own or occupy. It's that they own google.com.
Where does IBM's money come from? Not from the land they own in upstate New York. It comes from their patent portfolio.