Evaluating Georgism: Opening Notes
After the winners of the ACX Book Review Contest were announced, I took a closer look at the gold medalist, Lars Doucet's review of Henry George's Progress and Poverty . Reading it, I was surprised to find the outline of a birds-eye political philosophy which didn't make me want to tear my hair out. I brought this up with family, and immediately got stuck on whether or not Bitcoin counted as Wealth in the Georgist framework, as expected. So before I read the text itself, I wanted to jot down some early thoughts. Much of this post is taken directly from Doucet's review. First, I'll need to examine George's definition of Wealth, why money doesn't fit the bill, and what it means for money to be a claim on wealth, and whether digital currencies are closer to dollars or gold bars. This has less to do with Georgism and more with settling a personal argument. Second, before Georgism, the high-level political philosophy which made the most sense to me was David F...