HigherVision
Banned
- Joined
- Jan 1, 2012
- Messages
- 841
But greed, somehow, is good...?
Yes.
But greed, somehow, is good...?
Steven, the point of any science is to determine facts, and come up with theories to explain these facts. It's not an end unto itself either: we learn about the world in order to make our lives better. When we determine facts of economics, it's just common sense to form policies that recognize these facts, as that's the only way we have of making better policy, and thus making the world better.
The problem here is that you're simply not interested in making the world better.
It's easy enough to complain that economics isn't perfect, but again, you fail to supply an alternative.
You've admitted that since, as you claim, no one can be free without having some land, and since, as you prescribe, all land would be owned by individuals, each person who didn't inherent land would have to buy his freedom from some existing landowner.
It is definitely an exception, because people trading the same inventory around and around does not make more of it available to the market.
When you sell your car to a neighbor, it does not increase the supply of cars.
If no car changes hands in a given period of time, that does not mean the supply of cars has dropped to zero, and it does not matter how long that period of time is.
None sold, so there was no price. A wish or hope is not a price.
Entrepreneurs build skyscrapers BECAUSE the people are ALREADY there and the land is ALREADY so valuable that it makes economic sense.
Landowners don't contribute development...
??? How can they be "cost prohibitive"? LVT is just what someone WILLINGLY pays for the economic advantage the land confers on its user. If the rental price goes up, it's only because that price is NOT prohibitive to someone.
But it is developers -- members of the community -- who contribute developments, not landowners.
Even without a UIE, LVT actually makes homeownership more affordable.
The homeowner is no longer paying for government twice to support idle landowners.
I don't know quite how to tell you this, but Gekko was the bad guy.Yes.
I don't know quite how to tell you this, but Gekko was the bad guy.
Greed (unfortunately mistranslated as "love of money") is the root of all manner of evil. It is always to satisfy their greed (excessive, rapacious desire for more than one needs or deserves) that people do evil (deliberate violation of others' rights without just compensation).
Therefore, to claim that greed is good is deeply, grotesquely evil.
You know that Marx and Mao were both anti-geoists, like you.Not nearly as bad as Marx and Mao.
“There’s class warfare, all right, but it’s my class, the rich class, that’s making war, and we’re winning.” -- Warren BuffettYeah, almost as bad as any over-generalizing class warfare ideologue
No, that's just more stupid, dishonest $#!+ you made up. The definitions of those words can be found in dictionaries, and you know very well what they mean. You just have to refuse to know, because you have already realized that the simple dictionary definitions of ordinary words prove that you are rationalizing, justifying and defending evil.who is presumptuous enough to want to determine what "needs or deserves" means on behalf of everyone else.
ROTFL!! I see. So now even lexicographers must be denounced as a "bottomless cesspool when it comes to grotesquely evil," because they accurately identify what ordinary words mean, and those words can be used to identify the fact that you are a servant of evil?Now that is a bottomless cesspool when it comes to grotesquely evil.
As they say in Japan, "It's mirror time!"Those types make Gekko look like Gandhi.
Through an act of production that adds to the sum of wealth: being removed from nature and made into a product of labor that did not previously exist. Picking fruit from a natural tree is production: the fruit in the basket is something that did not exist in nature. Saying, "The fruit on this natural tree is mine," OTOH, is appropriation. It adds nothing to the sum of wealth.If capital starts off as land, and we can't appropriate land, how does capital come to exist as property, not subject to LVT?
That is not what is happening. All the landowners could be comatose and the community would still make them richer just the same.Also, if the landowners are somehow forcing the rest of the community to increase land values
No, because the current rental value of land is the current welfare subsidy giveaway to the landowner. He is pocketing it even if he never sells the land. A 100% capital gains tax on land would just freeze titles in the hands of the current owners, removing all liquidity from the market and preventing the price system from improving allocative efficiency.then wouldn't the more precise mechanism be a 100% capital gains tax on land?
Currency is presumably issued to serve as a medium of exchange, and hoarding it rather defeats the purpose. There is also a problem of positive feedback creating a self-fulfilling prophecy: currency is also supposed to serve as a stable measure of value, but when people hoard it, it gets scarce, its value rises (deflation), leading to even more hoarding in expectation of further deflation. This vicious circle can cause the economy to seize up, as occurred in the Great Depression. Regulating the value and availability of money to optimize economic growth is a tricky problem, but one "solution" we can confidently say is no good is the current one of leaving the creation and regulation of the money supply up to private banksters.Next, the notion of using land rent to get people change how they use land seems eerily similar to deliberately debasing currency in order to stop people 'hoarding' cash.
You know that Marx and Mao were both anti-geoists, like you.
...Mao at least ended the constant warfare that had wracked China for 100 years. That's an omelette that could never have been made without breaking a lot of eggs.
We've already seen that you are in favor of the two Holocausts a year that landowner privilege inflicts on the innocent.
You've admitted that you are a follower of the propertarian cult that lays many millions of human sacrifices on the altar of the Great God Property EVERY YEAR.
And the toll of robbery, enslavement, torment, starvation, despair and death inflicted by the propertarian cult that you worship exceeds the anti-geoist depredations of Marx and Mao combined EVERY FIVE YEARS.
“There’s class warfare, all right, but it’s my class, the rich class, that’s making war, and we’re winning.” -- Warren Buffett
The privileged are waging a war to enslave the productive, and you are on the side of the privileged. It's really just that simple.
Servants of evil always have to find a way to deflect attention from the fact that they are enabling and empowering greed.
ROTFL!! I see. So now even lexicographers must be denounced...
No, you are aware that geoists favor market allocation of land to private users, and Marx himself called this proposal "capitalism's last ditch."Complete arrogation of an entire factor of production for the state was definitely something Marx and Geoists have in common.
No, you are aware that Marx and the socialists and communists are actually in agreement with neoclassical capitalism against the very foundation of geoism: the land-capital dichotomy.The only thing they had against geoism is that it didn't go far enough in their minds.
It stopped murder by the scores of millions.Nice rationale for murder by the tens of millions.
Realist.Apologist much?
Every one that opposed liberty, justice and truth by force, that's for sure.How many "eggs" would you feel justified in seeing broken to make your LVT omelet?
To the soulless, amoral greed robot, another Holocaust a year is of no concern if it puts another dollar in his pocket.What?! What the hell are you talking about? I distinctly remember ordering four holocausts per year as a bare minimum. The nerve of those lazy goldbricking holocaust slackers of mine.
It's the literal truth.You meant that shit too, I can tell.
Warren Buffett was clearly stating a truth of which he had first-hand knowledge. You just have to deny and refuse to know it, because you have already realized that it proves your beliefs are false and evil.Would you like a side of psychedelic blacklight posters or a complementary sleeping bag in the public park to go with that?
I quote dictionaries to support my correct English usage. The only time you quote dictionaries is to claim falsely that they support your usage when they self-evidently contradict it.No, just a single clueless wannabe ideologue who misapprehends and twists most of what the real lexicographers have actually written to suit his own agenda.
Every one that opposed liberty, justice and truth by force, that's for sure.Steven Douglas said:How many "eggs" would you feel justified in seeing broken to make your LVT omelet?
That "transaction" is required to correct the earlier involuntary, non-market-based, non-beneficiary-pay, non-value-for-value "transaction" called, "I now own what you formerly had the liberty to use, so from now on you'll be paying me for everything government, the community and nature provide there, or you'll do without."Yeah, once we get past that little detail of the involuntary, non-market-based, non-beneficiary-pay, non-value-for-value transaction called, "The state has a monopoly claim on all land rents".
But as I have already proved to you so many times, the real theft is the landowner's forcible appropriation of what neither he nor anyone else ever created, and that others, before he stole it, were perfectly at liberty to use:Once we get past that little coup that many would see as theft,
Indeed it is. It is certainly much more voluntary to pay the creator of land value for it once through a consensual, beneficiary-pay, value-for-value transaction than to be forced to pay its creator for it in taxes without getting it, and then have to pay someone else who didn't create it in order actually to get it. That's really an involuntary, non-market-based, non-beneficiary-pay, non-value-for-value transaction.it's all voluntary sailing after that!
Why would the payment for perpetual benefits (whose value is only known when they happen) not continue perpetually, being adjusted according to their value when they happen? Your demand for perpetual benefits in return for temporary payments simply demonstrates that the basis of your whole philosophy is your greed to get something for nothing.Why, after that, we're all just shopping in Roy's Progressive LVT Land Rent Store! YAY! All voluntary, doncha know. If you don't want to pay (perpetual, never-ending rental fees to the state) for a resource, don't use that resource!
<yawn> How predictably puerile.Why, once we establish that it's just One Big Happy Collectivized Monopolistic Land Rent Store,
Which is exactly correct. People willingly pay for value they want.we can then reason that "People would have no reason to avoid "high taxes" on land any more than they avoid paying for the groceries they want."
Huh? BWAHAHHHAHAAAAAHAHAAAA!!!Forget that it's a moronic analogy, as groceries are perishable and NEVER RENTED OUT.
Same option as if the private landowner decides to get gross with his demands: do without. The difference, of course, is that the government is accountable for such incompetent policies through voting. The private landowner is not accountable at all, and can cut off everyone else's noses to spite his own face.And forget that there would be no option to grow the "land=groceries" you need (not simply want) should the Monopolistic State Land Grocer decide to get gross with his Groceries=Land Rental Prices.
<yawn> And most of all, forget that no one would get to be a private landowner without making such a "voluntary" payment to some "fellow" private landowner for what government, the community and nature provide.And forget that if everyone was a private landowner, there would be no "voluntary" payment due to any "fellow" private landowner in the first place.
Because it is so absurd, dishonest and implausible, like everything else you claim to "see" about LVT. Right.Oh yeah, I can see the atrocity of slavery as a result of LVT,
Try to maximize revenue. Which under LVT means try to serve the public interest as honestly and efficiently as possible.But do tell me, Mr. Argument-By-Strawman-Ridicule Salesman, do you have anything more in the state's historical size and color we could look at? You know, a shoe that actually fits? Something more in the realm of absolute probability, not just possibility, based on actual present behavior and past history of the state? Any real precedences that might give us an idea of what the state would likely do in such a case?
Whose supply just happens to be fixed, like the supply of land.That's where your macroeconomics head in the vacuum has failed you, as you obviously don't know anything about the economics of art, or long term demand with respect to rare and unique works.
It's definitely not subjective. That's utility, not value. Value is what a thing would trade for; therefore it requires the reconciliation of at least two different opinions; and it is therefore by definition not subjective.Hell, for that matter, you don't even believe that value is subjective!
No, that is a fabrication by you. A standard commodity supply and demand model does not have fixed supply like the land and original art markets.Worse yet, you're trying to reckon art using a standard commodity supply and demand model. It doesn't work that way, Roy.
Because it proves you wrong?Your example of an art collector who tries to increase the value of his Picasso (of all artists!) collection, by "burning a few canvasses" was truly pathetic.
<sigh> It follows the economics of collectibles markets because as with the land market, SUPPLY IS FIXED.Anyone who has dealt in the worlds of art and collectibles, and I have, knows that art value follows the economics of scarcity -- anything rare, unique, in finite supply and high in demand. It is entirely subjective, completely unpredictable, and the lower the supply and greater the demand, the more difficult, if not impossible, it is to model. It certainly does not follow a typical commodity supply and demand curve.
But the demand for land in a LVT system is demand for use, not prestige or speculation. Holding land out of use reduces total rent because it forces production onto less advantageous sites where it must be less efficient. This is an inescapable result of market allocation.If a thousand wealthy collectors of a certain specific collectible genre are all aware that only three of a certain unique work, already high in demand within that genre, are known to exist, those particular pieces have greater value (IN THE EVER-SUBJECTIVE MINDS OF CERTAIN COLLECTORS), precisely because there are only three. Then comes the knowledge that two of these extant works were recently destroyed (we'll say in a fire, accidentally and not deliberately), such that every collector is now absolutely certain that only ONE piece remains. It is ENTIRELY conceivable that the one remaining piece could be valued, and ultimately priced in exchange at many times the sum total prior exchange rates of the original three works, had all three have survived. That could be for no other reason than the prestige in owning THE ONLY ONE, and only because ONE COLLECTOR felt strongly enough about it to outbid the THREE OTHER COLLECTORS who were also willing to pay handsomely for that same prestige.
This displays the freeloading mentality of the majority of posters on this thread. This is sad. Especially when it is clear greed asisted in bringing down the world banking system.Yes.Originally Posted by Roy L But greed, somehow, is good...?
But the objective historical facts have already proved me right and you wrong. The condition of the landless in landowning societies where government does not intercede in their behalf to rescue them from the enslaving effects of landowning -- Pakistan, the Philippines, Guatemala, Bangladesh, etc. -- is always effectively indistinguishable from that of slaves, while there has never been a modern society that used a substantial LVT where people's condition resembled that of slaves -- and most certainly not the landowners' condition. Indeed, very much the contrary: LVT's stellar record of success in lifting whole communities and nations out of poverty, injustice and oppression is not even approached by any other public policy.I am just as opposed to the real slavery that is LVT as you are at pretending landownership is slavery, in and of itself.
Marx and Geoists have in common.
MY ALTERNATIVE (once again): All taxes abolished on anything by free and natural Citizens who exist and behave as a matter of unalienable right. That does not mean no taxes, nor does it mean no state. The state exists, and taxes are levied by the state, at will, on all other entities.
Not nearly as bad as Marx and Mao.
Housing in itself wasn't the problem. The problem was unearned income from increasing land values.
Marx did something bad? How? Where? Who did he kill? Whose lives did he ruin?
Karl Marx said:You must, therefore, confess that by "individual" you mean no other person than the bourgeois, than the middle-class owner of property. This person must indeed, be swept out of the way, and made impossible. (Published by Progress Publishers, Moscow, 1973 edition, page 66)
Marx did something bad? How? Where? Who did he kill? Whose lives did he ruin?