> Georgists assert that landlords cannot pass Land Value Tax (LVT) on to their tenants.
Land isn't the only commodity (sure you can say it's not a commodity and even the author posits buying/selling it as such), so you can't eliminate wealth inequality through it, nor can anyone control rent at some theoretical "optimal" price point via public management day-to-day. There is always corruption, fraud, and laziness among others.
Land isn't the only commodity (sure you can say it's not a commodity and even the author posits buying/selling it as such), so you can't eliminate wealth inequality through it, nor can anyone control rent at some theoretical "optimal" price point via public management day-to-day. There is always corruption, fraud, and laziness among others.