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Geolibertarianism

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Title: Geolibertarianism  
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Geolibertarianism

Geolibertarianism is a [1][2]

Geolibertarians hold that geographical space and raw natural resources—most importantly, land—are common assets which all individuals share an equal right to access, not capital wealth to be privatized; therefore, individuals must pay compensation (i.e., according the rental value determined by the market, absent any improvements) to the community for the privilege of holding private title. On this proposal, economic rent is paid not for the mere occupancy or use of land, as neither the community nor the state rightfully owns the commons, but rather as an objectively assessed indemnity due for the legal right to exclude others from that land and for the protection of one's title by government force. Some geolibertarians also support Pigovian taxes on pollution and severance taxes to regulate natural resource depletion, both activities which negatively affect land values.

They simultaneously agree with the standard libertarian position that each individual possesses an exclusive right to the fruits of his or her [1]

Geolibertarians are generally influenced by the Georgist "Albert Jay Nock, Frank Chodorov, and United States Libertarian Party co-founder David Nolan.

Contents

  • Property rights 1
  • Policy proposals 2
  • See also 3
  • References 4
  • External links 5

Property rights

Thomas Paine inspired the Citizen's Dividend and stated, "Every proprietor owes to the community a ground rent for the land which he holds."[3]

In continuity with the classical liberal tradition, geolibertarians contend that land is an independent factor of production, that it is the common inheritance of all humankind, and that the justice of private property is derived from an individual's right to the fruits of his or her labor. Since land, by economic definition, is not the product of human labor, its ownership cannot be justified by appealing to natural human rights. Thus, geolibertarians recognize the individual civil right to secure exclusive possession of land (land tenure) only on the condition that, if the land has accrued economic rent, its full rental value be paid to the community deprived of equal access. This non-distortionary system of taxation, it is argued, has the effects of returning the value that belongs to all members of society and encouraging landholders to use only as much land as they need, leaving unneeded land for others to occupy, use and develop.[4]

Perhaps the best summary of the geolibertarian philosophy is Thomas Paine's assertion in his 1797 pamphlet Agrarian Justice that "Men did not make the earth. It is the value of the improvements only, and not the earth itself, that is individual property. Every proprietor owes to the community a ground rent for the land which he holds." On the other hand, John Locke wrote that private land ownership should be praised, as long as its product was not left to spoil and there was "enough, and as good left in common for others"; when this Lockean proviso is violated, the land earns rental value. Some would argue that "as good" is unlikely to be achieved in a city setting because location is paramount, and therefore, in any urban social environment, Locke's proviso requires the collection and equal distribution of ground rent.

This strict definition of private property, as the fruits of labor, leads geolibertarians to advocate a free marketplace and the protection of workers' rights to their full earnings.

Policy proposals

Geolibertarians generally support redistributing land rent from private landholders to all community members by way of a finance themselves—the surplus being equally distributed as an unconditional dividend to each citizen. Thus, the value of the land is returned to the residents who produce it, but who by practical necessity and legal privilege have been deprived of equal access, while the poor and disadvantaged benefit from a reliable social safety net unencumbered by bureaucracy.

Some geolibertarians claim the reasoning behind taxing land values likewise justifies a complementary pollution tax for degrading the shared value of the natural commons. The common and inelastic character of the radio wave spectrum (which also falls under "land" as an economic category) is understood to justify the taxation of its exclusive use, as well.[5]

American economist and political philosopher Fred E. Foldvary coined the term geo-libertarianism in a same-titled article appearing in the magazine Land and Liberty.[6] In the case of geoanarchism, the most radically decentralized and scrupulously voluntarist form of geolibertarianism, Foldvary theorizes, ground rents would be collected by private agencies and persons would have the opportunity to secede from associated geocommunities—thereby opting out of their protective and legal services—if desired.[7]

See also

References

  1. ^ a b "Foldvary, Fred E. Geoism and Libertarianism. The Progress Report". Progress.org. Retrieved 2013-03-26. 
  2. ^ Karen DeCoster, Henry George and the Tariff Question, LewRockwell.com, April 19, 2006.
  3. ^ *  
  4. ^ Liam (2011-06-12). "Geolibertarianism – The Social Contract Fallacy". British-neolibertarian.blogspot.com. Retrieved 2013-03-26. 
  5. ^ "Basis of Taxation". Pl.atyp.us. 2005-08-12. Retrieved 2013-03-26. 
  6. ^ May/June 1981, pp. 53–55.
  7. ^  

External links

  • A Landlord is a Government – The Libertarian Basis for Land Rights
  • Geo-Rent: A Plea to public economists by Fred E. Foldvary
  • Between State and Anarchy: A Model of Governance by Fred E. Foldvary
  • Really Natural Rights
  • Geoism in American Quaker John Woolman's "Plea for the Poor"
  • Murray Rothbard and Henry George – a critical review of Austrian School perspective.
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