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- Georgism abstract "Georgism (also known as geoism and geonomics) is an economic philosophy holding that the economic value derived from land, including natural resources and natural opportunities, should belong equally to all residents of a community, but that people own the value that they create themselves. The Georgist paradigm offers solutions to social and ecological problems, relying on principles of land rights and public finance which attempt to integrate economic efficiency with social justice.Georgism is concerned with the distribution of economic rent caused by natural monopolies, pollution, and the control of commons, including title over natural resources and other contrived privileges (e.g., intellectual property). Any natural resource, which is inherently limited in supply, can generate economic rent, but the classical and most significant example of 'land monopoly' involves the extraction of common ground rent from valuable urban locations. Georgists argue that taxing economic rent is efficient, fair, and equitable. The main Georgist policy tool is a tax assessed on land value. Georgists argue that revenues from a land value tax (LVT) can reduce or eliminate existing taxes on labor and investment that are unfair and inefficient. Some Georgists also advocate for the return of surplus public revenue back to the people through a basic income or citizen's dividend.Economists since Adam Smith have observed that, unlike other taxes, a public levy on land value does not cause economic inefficiency. A land value tax is often said to have progressive tax effects, in that it is paid primarily by the wealthy (the landowners), and it cannot be passed on to tenants, workers, or users of land. Land value capture is theorized to reduce economic inequality, increase wages, remove incentives to misuse real estate, and reduce the vulnerability that economies face from credit and property bubbles.The philosophical basis of Georgism dates back to several early proponents such as John Locke, Baruch Spinoza, and Thomas Paine, but the concept of gaining public revenues from natural resource privileges was widely popularized by the economist and social reformer Henry George and his first book, Progress and Poverty, published in 1879.Georgist ideas were popular and influential in the late 19th and early 20th century. Political parties, institutions and communities were founded based on Georgist principles during that time. Early followers of Henry George's economic philosophy called themselves Single Taxers, associated with the idea of raising public revenue exclusively from land and privileges, but the term is now considered a misnomer because Georgists usually support multiple mechanisms for government funding. In classical and Georgist economics, the term 'land' is defined as all locations, natural opportunities, resources, physical forces, and government privileges over economic domains, which is closely related to the concept of commons. Georgism was coined later, and some prefer the term geoism or geonomics to distinguish their beliefs from those of Henry George.".
- Georgism thumbnail Perfectly_inelastic_supply.svg?width=300.
- Georgism wikiPageExternalLink www.schalkenbach.org.
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- Georgism wikiPageRevisionID "708164010".
- Georgism wikiPageWikiLink Adam_Smith.
- Georgism wikiPageWikiLink Agnes_de_Mille.
- Georgism wikiPageWikiLink Agrarian_Justice.
- Georgism wikiPageWikiLink Albert_Einstein.
- Georgism wikiPageWikiLink Albert_Jay_Nock.
- Georgism wikiPageWikiLink Aldous_Huxley.
- Georgism wikiPageWikiLink Alfred_Deakin.
- Georgism wikiPageWikiLink Alfred_Russel_Wallace.
- Georgism wikiPageWikiLink Altoona,_Pennsylvania.
- Georgism wikiPageWikiLink Amos_Pinchot.
- Georgism wikiPageWikiLink Anarcho-capitalism.
- Georgism wikiPageWikiLink Andrew_Fisher.
- Georgism wikiPageWikiLink Arden,_Delaware.
- Georgism wikiPageWikiLink Australia.
- Georgism wikiPageWikiLink Austrian_School.
- Georgism wikiPageWikiLink Banjo_Paterson.
- Georgism wikiPageWikiLink Baruch_Spinoza.
- Georgism wikiPageWikiLink Basic_income.
- Georgism wikiPageWikiLink Benjamin_C._Marsh.
- Georgism wikiPageWikiLink Benjamin_Franklin.
- Georgism wikiPageWikiLink Bertrand_Russell.
- Georgism wikiPageWikiLink Billy_Hughes.
- Georgism wikiPageWikiLink Blas_Infante.
- Georgism wikiPageWikiLink Bolton_Hall_(activist).
- Georgism wikiPageWikiLink Brand_Whitlock.
- Georgism wikiPageWikiLink Buckey_ONeill.
- Georgism wikiPageWikiLink Cap_and_Share.
- Georgism wikiPageWikiLink Category:Economic_ideologies.
- Georgism wikiPageWikiLink Category:Economic_theories.
- Georgism wikiPageWikiLink Category:Economics.
- Georgism wikiPageWikiLink Category:Georgism.
- Georgism wikiPageWikiLink Category:Heterodox_economics.
- Georgism wikiPageWikiLink Category:Land_value_taxation.
- Georgism wikiPageWikiLink Category:Left-libertarianism.
- Georgism wikiPageWikiLink Category:Populism.
- Georgism wikiPageWikiLink Category:Property_taxes.
- Georgism wikiPageWikiLink Category:Tax_reform.
- Georgism wikiPageWikiLink Category:Taxation.
- Georgism wikiPageWikiLink Catherine_Helen_Spence.
- Georgism wikiPageWikiLink Causes_of_poverty.
- Georgism wikiPageWikiLink Charles_Eisenstein.
- Georgism wikiPageWikiLink Charles_Erskine_Scott_Wood.
- Georgism wikiPageWikiLink Chicago_school_of_economics.
- Georgism wikiPageWikiLink China.
- Georgism wikiPageWikiLink Citizens_dividend.
- Georgism wikiPageWikiLink Clarence_Darrow.
- Georgism wikiPageWikiLink Classical_economics.
- Georgism wikiPageWikiLink Classical_liberalism.
- Georgism wikiPageWikiLink Clyde_Cameron.
- Georgism wikiPageWikiLink Commons.
- Georgism wikiPageWikiLink Commonwealth_Land_Party_(United_States).
- Georgism wikiPageWikiLink Communism.
- Georgism wikiPageWikiLink Community_land_trust.
- Georgism wikiPageWikiLink Conservation_(ethic).
- Georgism wikiPageWikiLink Covenant_(law).
- Georgism wikiPageWikiLink Daniel_Carter_Beard.
- Georgism wikiPageWikiLink David_Bachrach.
- Georgism wikiPageWikiLink Deadweight_loss.
- Georgism wikiPageWikiLink Denmark.
- Georgism wikiPageWikiLink Diggers.
- Georgism wikiPageWikiLink Donald_Shoup.
- Georgism wikiPageWikiLink Dylan_Matthews.
- Georgism wikiPageWikiLink Ebenezer_Howard.
- Georgism wikiPageWikiLink Ecological_economics.
- Georgism wikiPageWikiLink Economic_efficiency.
- Georgism wikiPageWikiLink Economic_inequality.
- Georgism wikiPageWikiLink Economic_rent.
- Georgism wikiPageWikiLink Economics.
- Georgism wikiPageWikiLink Edward_McGlynn.
- Georgism wikiPageWikiLink Electromagnetic_spectrum.
- Georgism wikiPageWikiLink Elizabeth_Magie.
- Georgism wikiPageWikiLink Emissions_trading.
- Georgism wikiPageWikiLink Emma_Lazarus.
- Georgism wikiPageWikiLink Enclosure.
- Georgism wikiPageWikiLink Environmentalism.
- Georgism wikiPageWikiLink Equity_(economics).
- Georgism wikiPageWikiLink Ernest_Howard_Crosby.
- Georgism wikiPageWikiLink European_Parliament.
- Georgism wikiPageWikiLink Excess_burden_of_taxation.
- Georgism wikiPageWikiLink Experiment.
- Georgism wikiPageWikiLink Externality.
- Georgism wikiPageWikiLink Fairhope,_Alabama.
- Georgism wikiPageWikiLink Fairhope_Single_Tax_Corporation.
- Georgism wikiPageWikiLink Fannie_Hurst.
- Georgism wikiPageWikiLink File:Perfectly_inelastic_supply.svg.
- Georgism wikiPageWikiLink Fiske_Warren.
- Georgism wikiPageWikiLink Folketing.
- Georgism wikiPageWikiLink Frances_Willard_(suffragist).
- Georgism wikiPageWikiLink Francis_Neilson.
- Georgism wikiPageWikiLink Frank_Chodorov.
- Georgism wikiPageWikiLink Frank_Fetter.
- Georgism wikiPageWikiLink Frank_Lloyd_Wright.
- Georgism wikiPageWikiLink Frank_Stephens_(sculptor).