The Power of Land: Georgism 101

https://youtu.be/smi_iIoKybg

Discusses importance of common ownership of land and natural resources

@leftism

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[–] 1 point 2 years ago* (last edited 2 years ago) (1 child)

Urban planning and land allocation are required for resolving which group may use which land, and which usage is permitted.

Otherwise, conflict would be intractable, and exchange and transportation would be dysfunctional.

If land is managed cooperatively, then once a group is allocated use of land, it may proceed with use, but the public still holds an interest in broader supervision, and in cases of revised planning or observed mismanagement, reallocation may be warranted.

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  • [–] [S] 1 point 2 years ago* (1 child)

    Land value taxation actually solves the mismanagement problem because as the location site-value increases the workers using the land have to pay more. This gives them an economic incentive to use the land more productively in order to afford the higher land rent

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