this post was submitted on 23 Apr 2025
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[–] [email protected] 7 points 3 days ago (1 children)

An important aspect of your argument is that land is not capital. I suspect that differing definitions of capital between you and Cowbee is leading to you both largely talking past each other. I wouldn't be surprised if the Georgist conception of capital has some fundamental differences with the Marxist one.

[–] [email protected] -1 points 1 day ago

The georgist definition capital is the same as the classical economic one. The only school that doesn’t see it that way is the neoclassical one. And the only reason they don’t is because they made simplified assumptions in the marginalist revolution. Marx made similar simplifications in other ways.