AFTER 100 YEARS, STILL NO IMPLEMENTATION OF L V T.
WAS IT ALL THE FAULT OF HENRY GEORGE?
Henry George was not an academic, or a qualified economist. He was a hugely successful campaigner. But was he toosuccessful?
That is what Michael Hudson, one of my great heroes railing against the false theories of mainstream economics (you know, the ones who ‘didn’t see it — the Great Financial Crash of 2008 — coming). And yet he blames Henry George for being too narrowly focussed, too unwilling to collaborate with other reformers, for the failure to implement LVT.
Read Hudson’s paper — it is a very easy read — and make your own mind up. Was Henry George and the well-funded Georgists who followed him the reason why LVT is always rejected and his followers treated as fanatics?
Henry George's Political Critics Michael HudsonFirst published: 26 February 2008
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American Journal of Economics and Sociology,