Anyone who says "X is what we need to do" over and over again will be part of a weird cult eventually and that's not a bad thing regardless of whether X is desirable.
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Replying to @arindube @mattyglesias
Also, Ladejinsky didn't focus on common ownership of land, or on land value taxation. He focused on expropriating land from landlords and giving it to tenant farmers. Which turned out to be an incredibly successful policy.
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Replying to @Noahpinion @mattyglesias
Yes. Using land reform to disrupt the grip of the landed gentry was likely a valuable move helping the development process writ large in East Asia. Much more than just talking about how taxing land.
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Replying to @arindube @mattyglesias
Do you think redistributing houses would have a similar effect today? I feel like it might. Taking care of a house is similar in some ways to taking care of a small farm.
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I think the best would be government building lots of housing and giving ownership to low-wealth families. Public housing being (cheap) rentals does not tackle the intergenerational wealth disparity issue.
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Replying to @JWMason1 @Noahpinion and
I would add that critically the resale could not just be private markets as clearly that would just turn low rent public housing into high rent landowners controlling everything. I think to buy you would have to have that as your only & primary residence.
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Replying to @wb_thorne @JWMason1 and
And did Thatcher *build" public housing and give that away? Or did she take existing public housing and privatise it?
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Replying to @wb_thorne @Noahpinion and
From the point of view of reducing wealth inequality, why does it matter?
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Taking houses from landlords and handing them to poor people is different than taking houses from the government and handing them to poor people. Though both are interesting.
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