Re: [L-I] Zimbabwe: all land nationalised

"Henry C.K. Liu" wrote:
> 
> This Robertson economist does not know what he is talking about.  The
> British Crown always owned all land within the empire and in colonies
> like Hong Kong, land was leased to private owners for only 99 years.
> Hong Kong banks enjoy handsome profit lending to HK developers and home
> buyers using leased land as collateral.  When the British Crown owned
> the land, no warning of lost of freedom was ever heard.
> 

All the classical political economists assumed that state ownership of
land was the best condition for capitalism.

I doubt that there is any particularly socialist purpose in
nationalizing land in Zimbabwe. Nothing to either groan or cheer about,
but quite indifferent.

Carrol


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