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Wealth and Want | |||||||
... because democracy alone is not enough to produce widely shared prosperity. | |||||||
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CEO Pay
Mason Gaffney: Geoism, Recession and Control of Monopolies ... This question arose in connection with Georgist taxation, and what it would do about Mr. Eisner, and overpaid CEOs like him. The answer, I think, is that "Georgism" involves more than taxation. It also involves promoting competitive markets and smiting or breaking up mergers, monopolies, and restraints of trade, by various means. It was, after all, part of first the Populist, and later the Progressive Movements. "Georgism" may be construed narrowly as a
limited fiscal reform. Some of its votaries present it
that way. As such, it is rightly suspected of being a bit
cranky, and too limited. I see it as a broad front
program to limit centralized monopoly control of
industry, and promote free entry and free competition
with proper regard for both consumers and
workers. |
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Wealth and Want
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www.wealthandwant.com
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... because democracy alone hasn't yet led to a society
in which all can prosper
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