You should understand, Chris, that the strength of Feudalism rested in its
ability to appropriate the Rent. When that is removed there is no more
Feudalism.

Even Marx knew that the Industrial Revolution was funded by Rents. So

Actually, in Volume III of Das Kapital, he stated that "surplus value"
disappeared into ground rent. (So, don't bother to read the first two
volumes which are full of surplus value.)

Harry

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-----Original Message-----
From: [email protected]
[mailto:[email protected]] On Behalf Of Christoph Reuss
Sent: Tuesday, October 19, 2010 11:31 AM
To: [email protected]
Subject: [Futurework] private land ownership (was Re: Questions on the "Bit
Tax")

Harry quoted Henry George:
> "I do not propose either to purchase or to confiscate private property
> in land. The first would be unjust; the second, needless. Let the
> individuals who now hold it still retain, if they want to, possession
> of what they are pleased to call their land. Let them continue to call
> it their land. Let them buy and sell, and bequeath and devise it. We
> may safely leave them the shell, if we take the kernel. It is not
> necessary to confiscate land; it is only necessary to confiscate rent."

If you keep private land ownership, you keep injust (inherited) privilege
-- feudalism, basically --, massive inequality and land speculation -- which
ultimately has led to the famous "crisis" in the whole economy.

And there is no reason for private land ownership.  The land is a commons
and should be just that.  But to ensure that good use is made of the land,
it shouldn't be "collectivized" as in Marxism (so that no one feels
responsible), but allocated to individuals/families (not for ownership, but
for lease) according to their ability to work it.

For a transition from the present system, it is indeed "not necessary to
confiscate land".  It would be sufficient to abolish inheritance of land,
i.e. the community inherits it when the land owner dies.

Chris




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