Georgism: Difference between revisions

Georgists generally believe that land naturally belongs to all people for a very simple reason. This reason being that no one invented land therefore nobody can claim a special monopoly on land or other natural resources found in land such as coal or various metals.

For the sake of comparison, Georgists often compare land and oxygen/air in the sense that nobody invented it as it is a natural resource. If we have established that nobody invented air we therefore should naturally accept that nobody should be given special monopiles over the air we breathe since no one invented it. Georgists believe this same issue with air should also apply to land. Since land, much like air is a resource which no has invented and therefore no one can claim special ownership or monopoly rights too.

Therefore if you wish to own land and keep the general population off your land, Georgists propose you should pay a LTV (Land Value Tax) for the privilege of owning that land and it's resources. As opposed to just hoarding a monopoly on a item which you did not invent and therefore can claim no special privilege too.

In short, no one invented land therefore you should pay a land value tax for the right to use the land you claim to own.