This has nothing to do with allocation of land. If you have a land value tax there'll still be property companies with shares and people who arbitrage them.

> state issuance of money via basic income

Again, nothing to do with arbitrage.

> No income tax. No sales tax or not much of one.

Not sure property tax will match income + sales tax, but again, nothing to do with arbitrage.

Look, I agree there are people with wealth who don't deserve it. But in my opinion, these are people with inherited wealth. Or the people who got wealth through ill-gotten means. Or the people who avoid taxes.

But the people who are in finance? By the time they die they're usually multi-millionaires, not billionaires. And the market as a mechanism is not fundamentally flawed - it just needs careful and judicious regulation.