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View Diary: Time to resurrect an old idea: Economic Rent (107 comments)

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  •  In a way, rent is what you pay to be allowed (0+ / 0-)

    to use the land (or whatever resource) the owner/holder has that you need to nurture your capitalist idea, or just maintain your life and family. Because in theory, or historically, those land holders can drum up an army and boot you off.  In a democracy, where rule of law is respected, any conflict over land use should not come to a point of occupation/forced removal by private parties.  We think democracy and rule of law works for "the people," but it especially works to protect the landowners, by giving them government backed property rights with government paid for law enforcement, so they don't have to hire their own private armies.  I think this is a good idea, and better than the alternative--see history of goon squads.

    This is serious stuff.  You can call them parasites, but they hold the ground and cannot be removed easily or without a fight--all you can do is (try to) tax them, so that they are paying a share of the burden of protecting them and their titles (to property).

    Well, either that or fight them.  I believe that would be civil war.

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