>The idea of treating land as a pure asset has had a lot of negative social effects and ultimately will lead to a kind of neo-feudalism where the megarich own everything and the underclasses are perpetual renters.
The idea that land is not a pure asset leads to regular feudalism.
Everything is a finite shared resource.
That's the point of ownership.
>The idea of treating land as a pure asset has had a lot of negative social effects and ultimately will lead to a kind of neo-feudalism where the megarich own everything and the underclasses are perpetual renters.
The idea that land is not a pure asset leads to regular feudalism.