One of history's great moral philosophers not generally considered a proponent of socialist values and policies was Thomas Paine. One cannot read his books "Rights of Man" or "Agrarian Justice" without recognizing that Paine was far ahead of his generation in his analysis of what caused injustice and the mal-distribution of income and wealth. At the same time, Paine was obviously influenced by the writings of the French political economists (the Physiocrats). Leading Physiocrats -- Francois Quesnay, Pierre Samuel du Pont de Nemours and Anne Robert Jacques Turgot -- concluded that the fundamental injustice existing in every society was the systems of law and taxation that enabled the concentrated ownership of land and natural resources, resulting that almost all workers were, in essence, share croppers, a significant portion of their legitimate wages taken by the owners of land. Although Marx and Engels called for the public collection of the rent of land as a component of the Communist Manifesto, this part of the program was never adopted. Rather, when government came under the control of socialist parties, they chose to nationalize industries and resources, failing to capture the rents to pay for public goods and services. The shortcomings of nationalization of the land and the means of production was analyzed in the late 19th century by the American political economist Henry George. George concluded that the Physiocratic analysis was correct. He proposed that all taxation should be eliminated, to be replaced by an annual charge for control over land (determined by competitive bidding), whether locations in towns and cities, agricultural land, resource-laden lands, or other natural resources (e.g., frequencies on the broadcast spectrum or take-off and landing slots at airports), and any competition limiting licenses issued by government (such as liquor licenses or taxi medallions). Edward J. Dodson, M.L.A., Director School of Cooperative Individualism www.cooperative-individualism.org
One of history's great moral philosophers not generally considered a proponent of socialist values and policies was Thomas Paine. One cannot read his books "Rights of Man" or "Agrarian Justice" without recognizing that Paine was far ahead of his generation in his analysis of what caused injustice and the mal-distribution of income and wealth. At the same time, Paine was obviously influenced by the writings of the French political economists (the Physiocrats). Leading Physiocrats -- Francois Quesnay, Pierre Samuel du Pont de Nemours and Anne Robert Jacques Turgot -- concluded that the fundamental injustice existing in every society was the systems of law and taxation that enabled the concentrated ownership of land and natural resources, resulting that almost all workers were, in essence, share croppers, a significant portion of their legitimate wages taken by the owners of land.
Although Marx and Engels called for the public collection of the rent of land as a component of the Communist Manifesto, this part of the program was never adopted. Rather, when government came under the control of socialist parties, they chose to nationalize industries and resources, failing to capture the rents to pay for public goods and services.
The shortcomings of nationalization of the land and the means of production was analyzed in the late 19th century by the American political economist Henry George. George concluded that the Physiocratic analysis was correct. He proposed that all taxation should be eliminated, to be replaced by an annual charge for control over land (determined by competitive bidding), whether locations in towns and cities, agricultural land, resource-laden lands, or other natural resources (e.g., frequencies on the broadcast spectrum or take-off and landing slots at airports), and any competition limiting licenses issued by government (such as liquor licenses or taxi medallions).
Edward J. Dodson, M.L.A., Director
School of Cooperative Individualism
www.cooperative-individualism.org
🙏 enlighten
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Thank you for providing an objective reference on this topic!
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Hai social distance
Waste fellows..don't interrupt sir like this...