adverbly
2 hours ago
/cries-because-georgism-is-the-GOAT-and-its-not-even-on-the-list
nwah1
2 hours ago
Redistribution that enhances production rather than stifling it. Which provides justice rather than creating injustice. A great idea to bury under dust for centuries.
user
2 hours ago
recursivedoubts
2 hours ago
Georgism and social credit (canadian, not chinese) are two ideas that the elites better start considering unless they want france 1789 vibes again.
As I say to my left-leaning friends: hey, you know what we should socialize? The money supply. (My right-leaning friends aren't ready for that conversation yet.)
OhMeadhbh
2 hours ago
well... georgism is sort of orthogonal to capitalism and socialism. You could have a georgist tax regime in both capitalist and socialist utopia.
But... yes... it would be great if enough people knew about Henry George and Georgism that the Gallup people thought it was worthwhile to put it on a survey.
And allow me to bemoan the current state of affairs where the definitions of capitalism and socialism used by most Americans are defined by tribal communities whose (sub)social order depends on the in-crowd toeing a particular party line with respect to whom is allowed to extract rent, set prices, rent and tax rates. Which is to say, if you're comfortably making seven figures on your constellation of payday loan offices, you probably a fan of the status quo.
For my right-wing nut-job friends, remember, there are "socialist" countries like Sweden, Denmark and (arguably) Canada which are perfectly pleasant. Venezuela and Cuba's problems aren't due to their "socialist" nature, but to wide-spread corruption and oligarchy. Keynes (and even Marx) had interesting things to say, though doctrinaire adoption of political and economic philosophy from previous centuries is not likely a good idea.
For my left-wing pinko friends, remember, not all "capitalism" is regressive. Even places like Sweden, Denmark and Canada have a form of capitalism despite being mildly constrained by collective action. Hayak had interesting things to say, though doctrinaire adoption of political and economic philosophy from previous centuries is not likely a good idea.
Stop me before I mention Modern Monetary Theory.
adverbly
an hour ago
> Stop me before I mention Modern Monetary Theory.
Au contraire! Please continue!
OhMeadhbh
34 minutes ago
I can't say too much that Richard Murphy hasn't said already.
Here's his latest video: https://youtu.be/mKWfEQlcDoU
I encourage everyone to read about it if you're a person who absorbs info via text better.
Here's the Wikipedia entry: https://en.wikipedia.org/wiki/Modern_Monetary_Theory
It's worth a read. I wish there was a single volume "MMT for Dummies," but to get the full read on it, you currently have to read a bunch of different texts. I like the Wikipedia article because they include some of the critiques as well as the supporting arguments.
My take on economics is there are few theories that are universally applicable. Keynes is applicable to some situations as is Hayak and even E. F. Schumacher. The hard part is figuring out which theory is good for which situation (and how to tell if your assumption about applicability was wrong.)
What I find surprising about modern Americans is they really want to elect someone who has all the answers. FDR was somewhat famous for f*king up a couple times and changing course when the data didn't match the theory. We're so tribal these days we refuse to admit that even good leaders can get it wrong once and again and having an honest discussion about why the error occurred and how they're going to fix it might lead to better outcomes.
I am reminded of J. R. "Bob" Dobbs' quote "Act like a dumbsh*t and they'll treat you like an equal." Perhaps I should run for office on the platform of "I'm probably as dumb as you are, which makes me smarter than my opponents."
card_zero
6 minutes ago
Hayek. Unless you mean somebody else. Or kayak.
rhelz
2 hours ago
Don't cry---run for office and do as great a job as Mamdani is doing, or find a Georgist who can and support them. Its pretty clear that people are open to giving alternatives a chance to show they can do better.
chrismcb
32 minutes ago
But. Mamdani just had a good PR campaign. The bar majority of the "good" work he has done was actually some by someone else, the state, former administration.
toomuchtodo
30 minutes ago
> But. Mamdani just had a good PR campaign. The bar majority of the "good" work he has done was actually some by someone else, the state, former administration.
This comment is not grounded in facts and reality. Accomplishments listed at https://www.mamdanibulletin.com/policy-tracker, cataloged by month, updated monthly. Update your priors.
PR and communications is a necessary component to demonstrate the value being delivered to your constituents, but the work must still be done. Mamdani is using his position and tenure to prove that Democratic Socialism can and does work, in one of the largest cities in the world, for other potential candidates, and for the voters who might support them. He froze the rent for over 2 million renters, and has recovered in ~$130M in wage theft for delivery workers from DoorDash alone. He's implemented universal childcare for 2-year-olds. He has established enforcement against deceptive and abusive landlord practices, hidden junk fees and misleading charges, and illegal auto-renewals and subscriptions.
"Make it work. Make it right. Make it fast." This will be the case study for every mayoral election over the next decade, and who to vote for.
(as of this comment, Mamdani polls at ~69% for favorability)
https://sri.siena.edu/wp-content/uploads/2026/08/SNY0826-Rel...