Labour policy—false and true : $b A study in economic history and industrial economicsMacassey, Lynden Livingston
History
Labour policy—false and true : $b A study in economic history and industrial economics
Macassey, Lynden Livingston
Industrial policy -- Great Britain; Labor economics -- Great Britain; Labour Party (Great Britain)
The practical answer to the “George” or “taxing-out scheme” is that it
is not possible to separate the value of the land from the value of the
improvements on it. Anything which mankind has added to the natural land
is capital and should, according to the George view, be inviolate. In
proposing, as “the George scheme” does, only to allow for “the value of
the clearly distinguishable improvements made within a moderate time,”
capital is being confiscated. That is, something is being confiscated
which was not stolen. If one form of capital may be confiscated, why not
all forms?
The Land Nationalization Society has formulated many objections to the
“George” or “taxing-out scheme” apart from its injustice. They say it
would be an interminable process, that it would not be effective—witness
the failure of the heavy land taxation in Canada, New Zealand or
Australia, to cheapen land or eliminate landlords—that the public would
not accept it. So many persons are owners of small pieces of land, it
would tend to increase the number of landlords instead of reducing them.
The way in which the advocates of State purchase try to make out their
case is very simple, and they do it with great ingenuity. They first
endeavour to prove their basic axiom of “the right to live” by appeal to
the great English common lawyers, writers on Sociology and authorities
on Political Economy. Having done that to their own satisfaction, they
proceed to give at length illustrations of alleged despotic and churlish
action on the part of landowners. The favourites are the Highland
Clearances and landlordism in Ireland. Then in the same vein they bring
forward a great collection of cases of alleged refusal of land by
landowners for works of public importance, or exaction by landowners of
what is said to be (without any evidence) a wholly unreasonable price for
land for public purposes (see, for instance, Chapter V, “The Extortion
of High Prices for Land” in _The Case for Land Nationalization_, by
Joseph Hyder, Simpkin, Marshall & Co.). All these evils are said to be
directly due to private ownership in land. These cases, if they ever
existed, are amply remedied by recent Acts facilitating the acquisition
of land.[7] Having got so far, every hardship or evil to which a farmer
or agricultural labourer is subject is likewise under the same chain of
reasoning ascribed (without proof) to private ownership in land. If,
therefore, the basic axiom is to be vindicated, private ownership must be
done away with. There is no logic in such reasoning, even assuming that
the basic axiom in its widest extension is sound—as a matter of fact it
is not. All these illustrations show is that the present land system may,
in certain respects, require reform, not that it ought to be abolished.
The argument makes out no case for the complete eradication of the whole
landlord system, still less for State purchase. The fallacy lies in the
Public-domain text, read in full here on John Shaqi.
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