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Lars Doucet - Progress, Poverty, Georgism, & Why Rent is Too Damn High
Dwarkesh Podcast
**Pushback to Georgism: wrecking the banking sector **
Implementing a land value tax could potentially crash property values, leading to mortgage repayment issues and potential implications for the banking sector. However, the transition should be incremental, akin to the historical shift away from slavery in the Southern economy - a necessary change despite the economic disruption it may cause.
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