Publisher's Synopsis
Excerpt from Land Nationalization and Land Taxation
Three schools of Land Nationalizers. - These varying types of landownership are under present conditions mere matters of convenience determined by private bargaining. But as soon as it is proposed to substitute national for in dividual ownership, the determination of the character of the ownership to be created becomes a question of fundamental importance. Is the State to claim the revenue of the land alone, or the direction alone, or is it to claim both revenue and direction? The question is variously answered by three schools of social reformers. The school that draws its inspiration from the writings of Mr. Henry George is anxious only to secure the revenue of the land. By gradually increasing taxation this school would transfer all land reve nues from the present proprietors to the nation. With the control of the land they would not interfere. Another school of land nationalizers, led by Mr. Alfred Russel Wallace, take exactly the opposite view. In their opinion, to interfere with the monetary rights of the present owners would be unjustifiable all they care about is the power to control the use of the land. This power they would transfer to the State, and at the same time guarantee to the dis possessed landholders a permanent income calculated on their present receipts. Lastiv, we have the socialists, who want both the revenue and the control.
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