Comment by ticviking

9 years ago

Each act of homesteading is an act of force against everyone else, who previously enjoyed free access to that land/resource. A UBI is a payment for the lost access.

While I don't disagree with this, I don't think that Georgism can justify a large enough payment to have the effects that people expect of UBI. The value of land (meaning all natural resources in their natural state) is ultimately pretty low compared to all the other value in the world. Per wikipedia, all US land is worth less than two times GDP.