cm0002@lemmy.world to Political Memes@lemmy.world · 19 days agoExpropriationlemmy.mlexternal-linkmessage-square16fedilinkarrow-up1604arrow-down15
arrow-up1599arrow-down1external-linkExpropriationlemmy.mlcm0002@lemmy.world to Political Memes@lemmy.world · 19 days agomessage-square16fedilink
minus-squarechuckleslord@lemmy.worldlinkfedilinkarrow-up12·19 days agoI mean, no more hoarding implies redistribution. You can’t just say “you can’t hoard any more” and then just leave the hoard owners with their hoards alone. You kind of have to break up and redistribute their hoards.
minus-squareMNByChoice@midwest.sociallinkfedilinkarrow-up2·19 days agoOne way to fix it could be to tax investment gains at a higher rate than wages.
minus-squarechuckleslord@lemmy.worldlinkfedilinkarrow-up3·19 days agoWhich is just redistribution, but passively. And badly. We should some Georgism at the bare minimum. Land-value and stock-value taxes. Again, just redistribution but over a longer window of time.
minus-squareMNByChoice@midwest.sociallinkfedilinkarrow-up2·10 days agoValuation of public stocks is easy. Valuation of privately held stocks and loans is a mess. Thanks for pointing out Georgism. https://en.wikipedia.org/wiki/Georgism
I mean, no more hoarding implies redistribution. You can’t just say “you can’t hoard any more” and then just leave the hoard owners with their hoards alone. You kind of have to break up and redistribute their hoards.
One way to fix it could be to tax investment gains at a higher rate than wages.
Which is just redistribution, but passively. And badly.
We should some Georgism at the bare minimum. Land-value and stock-value taxes. Again, just redistribution but over a longer window of time.
Valuation of public stocks is easy. Valuation of privately held stocks and loans is a mess.
Thanks for pointing out Georgism. https://en.wikipedia.org/wiki/Georgism