If you recall, I was referring to governmental monopolies such as the distribution of water, electricity, and suchlike. Such things do not lend themselves to competition.
I said I thought that the mechanics of distribution should remain publicly owned, but that the management should be allocated by a bidding process to performance bonded management firms. Locations are indeed a monopoly and the free market cannot control their cost. Necessary to optimum effectiveness of the price mechanism is no restriction on production and no restriction on movement to market (in response to a price increase). No more land can be produced (remember land is the name for natural resources). And locations cannot be moved. One can't bring some Mohave Desert locations in to central Los Angeles to compete and bring down high prices. However, George's Rent collection levels the playing field while keeping land in the hands of its users. Private ownership is essential for the best use of a location. You take care of your own. You use it carefully and properly. Harry ******************************** Henry George School of Los Angeles Box 655 Tujunga CA 9104 818 352-4141 ******************************** -----Original Message----- From: [email protected] [mailto:[email protected]] On Behalf Of Christoph Reuss Sent: Monday, October 18, 2010 11:00 AM To: [email protected] Subject: Re: [Futurework] Not a very positive picture Btw, Harry, didn't you write earlier (on different occasions) that (A) monopolies should not be privatized (B) real estate is a monopoly (on that place) So, combining (A) and (B), what follows is that (C) real estate should not be privatized! But that contradicts your position that real estate should not only be private, but even subjected to a free market. Can you explain this apparent contradiction? Chris _______________________________________________ Futurework mailing list [email protected] https://lists.uwaterloo.ca/mailman/listinfo/futurework _______________________________________________ Futurework mailing list [email protected] https://lists.uwaterloo.ca/mailman/listinfo/futurework
