Rightists Call the Land Tax Leftist But Lefties are Anti, Too
|January 11, 2014||Posted by Staff under Editorials|
Why Karl Marx Hated the Land Value Tax and Why He’s Wrong
This 2014 excerpt of Keystone Politics is by Jon Geeting.
Rightists and conservatives calling Jesse Myerson a Communist for supporting ideas like Henry George’s land value tax is pretty amusing since Karl Marx himself described Georgist politics as “capitalism’s last ditch.”
Henry George differs from Marx in this important respect: whereas Marx’s politics envisioned a bifurcated struggle between labor and capital, George’s politics placed labor and capital on the same side, with landowners on the other.
George’s idea is that you work for a living, and (contra Marx) that the honest-to-God investors who make stuff like buildings and machinery and national telecommunications networks and politics blogs make an honest living too.
But your landlord doesn’t really work. He makes money by sitting around owning stuff, repairing your dishwasher sometimes, while you toil doing real work to pay him a third of your income or more.
What if we stopped taking so much money in sales, wage, and investment taxes from the people who work and invest for real, and started funding more of our public services with wealth expropriated from people who just own stuff. Rent hikes would stop eating into wages so much, workers and businesses would have more disposable income to spend and invest in the real economy, and this would all create a much stronger economic foundation for cities.
Ed. Notes: Paying your community for your land instead of an individual is not only fair, since it’s the community who generate that value, but also efficient, because drives efficient use of land and, as noted above, makes possible deleting the ruinous taxes. And psychologically, Land Dues ought to strengthen our identity with both community and Earth. Long run, that should help.