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[personal profile] gusl
honest intelligent socialists do exist:
Cosma Shalizi on Market Socialism



My dreamed-up system: "State Owns Some of the Land - Rent as the Only Tax"
Advantages:

* Unlike other taxes, it does not disincent healthy economic activity, such as trading (sales tax, transaction taxes, income tax), working (income tax), investing in good business (capital gains tax).

* If the state owns the land, it even doesn't infringe on liberty by collecting the rent.

* It must be responsible with its budget, since it has no way of collecting more money.

One possible objection: so if the state is just another real-estate corporation, what is the incentive for them to serve us?

My response: what is the incentive they have to serve us now?

As far as a state is needed, I am (almost) convinced that this would be a good way to finance it.
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