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Article #2750

Re: Theories of underdevelopment

#2750
From: robert j. kolker
Date: Tue, 19 Oct 2004 16:55
29 lines
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royls@telus.net wrote:
> 
> The lying morons who take it upon themselves to defend the injustice
> of landowner privilege _always_ trot out the idiotic notion that land
> value is somehow different from everything else in the world, and
> cannot be measured. 

Land is a commodity. It is bought, it is sold, it is stolen, it is used. 
The value of land is what it will fetch in an exchange. Nothing more, 
nothing less.

There is no instrinsic value to any commodity. There is only exchange value.

That is my view of the matter.

Land and butter differ only in that land is not made from simpler stuff 
by humans (except for the Dutch who made land from the seabottom). All 
stuff is primordial (it just is) or is made from primordial stuff found 
in nature.

The value of land is value added. It is the value you will exchange with 
me for land I claim or the value of the effort you will exert to take it 
from me by force. Either way, as soon as I fence it and claim it, land 
has acquired a value that it does not have when it is unoccupied. If you 
want it from me, make me an offer I won't refuse, or bring your army.

Bob Kolker
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From: "robert j. kolker" <nowhere@nowhere.net>
Newsgroups: sci.econ,ny.general,dc.general,seattle.general,la.general
Subject: Re: Theories of underdevelopment
Date: Tue, 19 Oct 2004 12:55:38 -0400
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