• Fried_out_Kombi@lemmy.world
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    1 year ago

    Politics

    Historically, as well as in my experience online, Georgism and Georgist policies have gotten a lot of wide political support, ranging from free-market libertarians to socialists. The book that started Georgism, Progress and Poverty, was the second-best selling book of 19th-century America – second only to the Bible. Henry George himself had the second-most attended funeral in American history – second only to JFK. Many historians credit the publication of Progress and Poverty as the start of the Progressive Era that brought an end to the Gilded Age. The board game Monopoly is a rip-off of a Georgist game, The Landlord’s Game, by a Georgist named Elizabeth Magie. To get a sense for how insanely popular this guy and his ideas were – including their broad appeal – just read through the Legacy section on his wikipedia page: https://en.wikipedia.org/wiki/Henry_George#Legacy

    Further, there are aspects of Georgism that can appeal to a lot of people. Urbanists tend to love LVT because it encourages denser cities and less sprawl. Environmentalists tend to love carbon taxes. Capitalists tend to love free trade, no corporate taxes, lower barriers to entry. Socialists tend to love citizen’s dividend + socialization of the commons. Libertarians tend to love eliminating income taxes and high freedom. Economists tend to love that it’s rooted in good economics. The main people who dislike Georgism are the monopolists and rent-seekers it disrupts.

    Finally, Georgism can be achieved (and its impacts felt!) incrementally. For example, many places already have some form of LVT, although none have the “full” version envisioned by Georgism. Nonetheless, even milquetoast LVTs have positive effects:

    It reveals that much of the anticipated future tax obligations appear to have been already capitalised into lower land prices. Additionally, the tax transition may have also deterred speculative buyers from the housing market, adding even further to the recent pattern of low and stable property prices in the Territory. Because of the price effect of the land tax, a typical new home buyer in the Territory will save between $1,000 and $2,200 per year on mortgage repayments.

    https://osf.io/54q68/

    No risky socialist revolution needed. (Revolutions typically don’t turn out well for the common folk.)

    Ethics

    This is where it gets deontological. The thing that separates land and capital is you make capital, but you don’t make land. If I make a tool, I spent my own labor and resources to make it. If I use land, I did not create the land; rather, I deprived the rest of society from that land. This difference is why LVT works economically, but it’s also why I think Georgism is a more ethical and fair system.

    I have two degrees. I didn’t have to pay for them out of pocket, but I did have to spend significant time, effort, and opportunity cost. In addition, I still had to pay for rent and groceries while getting them. The output of all that, my two degrees, is a form a capital. Does it seem right or fair for society to usurp the value from those degrees? If it does, doesn’t that also decrease the incentive for me to even get degrees in the first place? That capital wasn’t taken from anyone; rather, I created it, and society is better off for me having created that new capital.

    But the commons no one has created. I didn’t create the atmosphere nor the air we breathe, so it is just that I compensate society (via carbon taxes) for the carbon I emit. I didn’t create the land, so it is just that I compensate society (via LVT) for the land that I occupy. I didn’t create the earth’s minerals, so it is just that I compensate society (via severance taxes) should I extract the earth’s finite minerals.

    • MotoAsh@lemmy.world
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      1 year ago

      I think you suffer from a common problem in the US. Political ideology shouldn’t be used as an affiliation like a sports team. It shouldn’t be treated as a thing where it’s one “system” vs another.

      They are nothing of the clean-cut published and established ideals you or most people imagine. They are all merely attempts at solving different specific issues with slightly greater priority.

      While you might say, “no duh”, I’d say then stop treating it like these are different frameworks to program a government with. They should not be prescriptions for the government, but instead viewed as a library of different ideas to tackle different problems.

      This constant blather in the US of, “well, I’m not a socialist, I’m a +3 wizard of anarchy!” is just… draining. Draining for no good reason.

      • Fried_out_Kombi@lemmy.world
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        1 year ago

        I mean, I’m incredibly pragmatic in my ideology. Georgism at its core is rooted in pragmatic arguments. Notice how I led first and foremost with the economic arguments in favor of specific policies, followed by political pragmatism, and not some deontological argument. At the end of the day, what I want most is good, effective, technocratic policy. Sure, the full Georgist system as described above is my ideal, but I said as well that one of the key advantages I see in it as an economic ideology is that it can be implemented (and positive effects felt!) in increments. Will we ever achieve a “full” LVT? Probably not. But can we get places to replace property taxes with LVT as well as pass carbon tax-and-dividend schemes? Absolutely!

        And trust me, I’m not just doing mental gymnastics so I can avoid the spooky scary socialist label. For several years I was quite into more socdem, leaning towards demsoc politics. It was really only in the last year or two that I learned of Georgism, and I simply think its policy goals are better and more pragmatic, with the nice bonus of having a nicer deontological argument imo. I’ll gladly ally with libertarians, socialists, and others to achieve any policies that I think will improve the status of things.

        Edit: wording