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A comment on Does Georgism Work? Five Years Later. Parent comment

Re:Does Georgism Work? Five Years Later by epistasis on Saturday September 26, 2026 @10:27PM (#49862750)
Georgism is not about scarcity, it's about economic land: inputs to production which are fixed in quantity, and that you can't make more of. This is a very different characteristic than scarcity, because many scarce things can be increased, and should be if they are needed.

Taxing specialized labor goes against that spirit, because specialized labor can be created. And in fact taxing the labor would result in less of it being there, the exact opposite of the optimal result.

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Re:Does Georgism Work? Five Years Later by grafmax on Saturday September 26, 2026 @11:59PM (#49863231)
Yes, the right generalization of Georgism is the taxation of economic rent in its various forms - something which George himself opposed.
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Re:Does Georgism Work? Five Years Later by lieuwex on Sunday September 27, 2026 @03:16AM (#49864168)
> something which George himself opposed.

Do you have a source on this?

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Re:Does Georgism Work? Five Years Later by runeks on Sunday September 27, 2026 @03:53AM (#49864383)
> economic rent

What's the definition of this term?

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Re:Does Georgism Work? Five Years Later by YokoZar on Sunday September 27, 2026 @08:07AM (#49865974)
Basically money you make by owning some legal right rather than by doing something productive
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Re:Does Georgism Work? Five Years Later by yellowapple on Monday September 28, 2026 @03:54AM (#49874864)
> Georgism is not about scarcity, it's about economic land: inputs to production which are fixed in quantity, and that you can't make more of.

I think people get tripped up on this specifically because a growing demand for something with fixed/inelastic supply will naturally tend to cause that thing to become scarce given enough time, and it's that scarcity as applied to land that's making Georgism look more and more like a good idea.

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