this post was submitted on 31 Oct 2023
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And give it to who? Who's going to farm that land when they're not allowed to make a profit from it? It's not easy work.
Maybe some of the millions of people who are currently unable to even afford adequate food for themselves because of the profiteering of these very landholders, who engage in such sabotage as mass slaughter and burial of animals to prevent price drops. You know, profits are after wages, right? Profits aren’t wages. You only make profits after you pay wages and costs. So… you pay wages.
When you place economic decisions from a profit driven one into the hands of the politician, you get just as perverse incentives. What's even worse is that the government cannot fail so the system just gets progressively worse until the entire system collapses. I'm good with a liberal system as is with some moderate reforms to account for externalities.
I will just copy and paste part of my comment that I made to another, because your final argument is the same.