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162 points TaurenHunter | 1 comments | | HN request time: 0.206s | source
1. yonran ◴[] No.43580419[source]
I think the parable of Squanderville and Thriftville is interesting and it reminds me of the chapter of Henry George’s Progress and Poverty that also warns that renters can be a slave to the landowner (https://www.gutenberg.org/cache/epub/55308/pg55308-images.ht...). I’m wondering to what extent is Squanderville a warning against monopolies and private property in land, as opposed to a warning against debt and trade deficits? Would Land Value Tax fix this?