Ed Dodson responding...

Daljit Dhadwal wrote:

> Before the Communist revolution in Russia, around every 10 years(I think)
> land was equally divided up and distributed to the peasents. Also, under
> some religions debts have to be foregiven every so often. What's the
> rationale for this type of periodic redistribution?

Ed here:
>From a moral perspective, the concentrated control over land and natural
resources denies "equality of opportunity" to those who cannot access land to
produce foodcrops and where socio-political circumstances do not provide for
alternatives forms of employment at a livable wage. One can argue (I so
argue) that access to nature is a human right and that the institutional
support for private appropriation of the rental value of locations
(capitalized into selling prices) is unjust. Investment in and control over
locations is a rent-seeking activity by nonproducers that, if justice is
served, ought to be curtailed. Adherents to state socialism have long
promoted land nationalization and land redistribution programs as the
solution. Unfortunately, government control merely substitutes bureaucratic
inefficiency and state monopoly in the place of private rent-seeking and
private monopoly. The real solution is for society to collect location rents
via the tax system (and simultaneously remove the tax burden on income
streams generated by the production of goods and services and on capital
goods).

As to the 19th century Russian experiment in land reform, the story is rather
complex, but the net result was to remove the remnants of whatever feudal
relations remained, exposing peasants to the demands by absentee landlords to
turn over a greater and greater proportion of production. Tolstoy tried on a
personal level to convey land to the peasants, and the effort merely turned a
portion of the former peasants into absentee landlords. Interestingly,
Kerensky was petitioned by Tolstoy to adopt the above tax system as the
solution to Russia's land problem (which Tolstoy believed would stabilize
Russian society and prevent the coming upheaval).


>
>
> Daljit
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