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2 points

It seems to me that they’re hinting at abolishing capitalism.

One way to do that would be to

  1. Mandate worker coop structure on all businesses

  2. Institute a 100% land value tax

Taxing the rich doesn’t really solve the root of the problem. Abolishing capitalism pre-distributes wealth so that people don’t become billionaires in the first place. 100% land value tax encourages efficient use of land.

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1 point

Has that ever worked?

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Abolishing capitalism pre-distributes wealth so that people don’t become billionaires in the first place. 100% land value tax encourages efficient use of

This part. Having employee owned corporations doesn’t abolish capitalism completely. Although, I agree that it would be awesome.

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