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socialist critiques of georgism (lemmy.world)

submitted 16 hours ago by chewgrabonion@lemmy.world to c/socialism@lemmy.ml

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Hello! What are good socialist critiques of georgism?

Let's assume for the sake of argument georgism involves:

-shifting to only taxing inelastic supply items like the unimproved value of land and other simular things like co2eq and radio bands at whatever rate you prefer.

-No taxes on elastic supply items like income, sales, value added, property improvements, estate taxes, etc.

-no seizing the means of production nor outlawing trade

-tax revenue being used for whatever you prefer

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[–] Cowbee@lemmy.ml 6 points 8 hours ago

If you aren't going to progress onto socialism, then georgist capitalism still runs into the same crisis, imperialism, and falling rates of profit. Moving from privatized ownership and competition into collectivized ownership and cooperation solves fundamental problems that are unsustainable in capitalism.