Libertarian Discussion

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Place for discussion from a Libertarian perspective, meaning less top-down control and more individual liberty. In general, the intent is discussion about issues and not a discussion on libertarianism itself or any of its branches.

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Property in land - What are your thoughts on Georgist libertarianism? (mastodon.social)

submitted 8 months ago by jlou@mastodon.social to c/libertarian@sh.itjust.works

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Property in land - What are your thoughts on Georgist libertarianism?

The basic idea behind Georgism is that land and natural resources are not the fruits of anyone’s labor, so no one has a natural right to it. Georgism proposes based on this that collective ownership arrangements be applied to such resources. Geolibertarianism supports full private property rights in the products of labor.

https://youtu.be/smi_iIoKybg

What are your thoughts on this approach to natural resources?

@libertarian

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[–] Brendanjones@fosstodon.org -1 points 8 months ago

@jlou @libertarian 100% for a redistributive land value tax, yup. I still think we need income and capital gains taxes, however, so I guess I’m not a Georgist. Income tax could be lowered, however, especially at lower incomes, with the main aim of income taxation being redistribution to limit excessive inequality.

Also, I don’t think LVT is enough by itself. That taxes human market value of land but not natural value. (1/2)