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Wealth and Want | |||||||
... because democracy alone is not enough to produce widely shared prosperity. | |||||||
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Mason Gaffney: Geoism, Recession and Control of Monopolies ... This question arose in connection with Georgist taxation, and what it would do about Mr. Eisner, and overpaid CEOs like him. The answer, I think, is that "Georgism" involves more than taxation. It also involves promoting competitive markets and smiting or breaking up mergers, monopolies, and restraints of trade, by various means. It was, after all, part of first the Populist, and later the Progressive Movements. "Georgism" may be construed narrowly as a limited fiscal reform.
Some
of its votaries present it that way. As such, it is rightly suspected
of being a bit cranky, and too limited. I see it as a broad front
program to limit centralized monopoly control of industry, and promote
free entry and free competition with proper regard for both consumers
and workers. |
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Wealth
and Want
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www.wealthandwant.com
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... because democracy
alone hasn't yet led to a society in which all can
prosper
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