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OPINION

How Henry George Almost Changed the World

Via Wikipedia

Summary

Georgism is a unique economic philosophy that advocates for the full private ownership of one’s labor while asserting that the value of land and natural resources should belong to the community through a Land Value Tax.

By replacing traditional taxes on income and improvements with a levy on the "unearned" value of location, the system aims to eliminate speculative monopolies, reduce poverty, and encourage more efficient urban development.