Re: What Hudson really says:



On 3 Oct 2006 20:22:59 -0700, w_b_ryan@xxxxxxxxx wrote:

"We also know that Dr. Michael Hudson
has said, on numerous occasions, that
despite his issues with many of the
'Georgist' organizations and
particularly their principal officers,
HE UNEQUIVOCALLY SUPPORTS LAND VALUE
TAXATION."
------------------------------------

Here's what Hudson really says about the
matter:

"By the 1920s the followers of Henry
George (still called Single Taxers, not
yet "Georgists") had become known mainly
for becoming anti-Bolsheviks. They moved
to the right wing of the political
spectrum, supporting free trade and even
"hard money." Whereas George's earlier
followers had addressed the debt issue
along with the land issue, the heads of
the land-tax parade came just in time to
be hard-money advocates.

"If there is a single theme of my
explanation, it is that the Henry George
movement has been taken over by a group
of people whose main concern is to
oppose government. I refer especially to
the followers of Ludwig von Mises and
Frederick Hayek, and to the hard-money
advocates that have played so important
a role in the major Henry-George
institutions, along with the supporters
of Ayn Rand.

"What makes their support of the land-
rent tax (LRT) so problematic is that if
it were collected, it would amount to
some 40% of national income. On its
face, this would seem to imply big
government. Indeed, this is what H.G.
Wells complained of in his discussion of
George..."
Michael Hudson

Alert readers will notice that Hudson here says nothing whatever about
the matter of land rent recovery, other than that it would raise ample
revenue. The rest is all about _people_.

So thank you for posting the proof that I am absolutely correct, Lyin'
Ryan, and that you are a deceitful waste of electricity.

-- Roy L
.



Relevant Pages

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