Georgism Textbook

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Georgism App is a free international book app about Distributism questions, answers and theory. Georgism, also called in modern times geoism and known historically as the single tax movement, is an economic ideology holding that while people should own the value they produce themselves, the economic rent derived from land, including from all natural resources and the commons, should belong equally to all members of society. Developed from the writings of American economist and social reformer Henry George, the Georgist paradigm seeks solutions to social and ecological problems, based on principles of land rights and public finance which attempt to integrate economic efficiency with social justice.

Georgism is concerned with the distribution of economic rent caused by natural monopolies, pollution and the control of commons, including title of ownership for natural resources and other contrived privileges (e.g. intellectual property). Any natural resource which is inherently limited in supply can generate economic rent, but the classical and most significant example of land monopoly involves the extraction of common ground rent from valuable urban locations. Georgists argue that taxing economic rent is efficient, fair and equitable. The main Georgist policy recommendation is a tax assessed on land value. Georgists argue that revenues from a land value tax (LVT) can be used to reduce or eliminate existing taxes such as on income, trade, or purchases that are unfair and inefficient. Some Georgists also advocate for the return of surplus public revenue to the people by means of a basic income or citizen's dividend.

The concept of gaining public revenues mainly from land and natural resource privileges was widely popularized by Henry George through his first book, Progress and Poverty (1879). The philosophical basis of Georgism dates back to several early thinkers such as John Locke,[8] Baruch Spinoza[9] and Thomas Paine.[10] Economists since Adam Smith and David Ricardo have observed that a public levy on land value does not cause economic inefficiency, unlike other taxes. A land value tax also has progressive tax effects. Advocates of land value taxes argue that they would reduce economic inequality, increase economic efficiency, remove incentives to underutilize urban land and reduce property speculation.

Studying Georgism very important to increase knowledge. It will provide you with examples and strategic explanations of the basic questions and answers Georgism. This app will also provide you with the most common & useful chapters. So that this collection of books Distributism Theory can be taken anywhere, studied anytime and of course can be accessed offline.

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