← Back to context

Comment by datsci_est_2015

2 days ago

I meant to suggest Georgeist natural resources taxes as an alternative to the current property tax scheme.

I'm not sure strict Georgeist policies hold up in a world where so much value is created digitally. It creates the perverse incentive to focus only on digital value creation rather than physical, and that's how you end up with a fragile or lopsided economy based solely on financialization (U.K.) or advertising (U.S.A.).