Were we to treat Land -- sites, and natural resources, including clean air, clean water, and things like geosynchronous orbits, fisheries, electromagnetic spectrum -- as our COMMON treasure, our source of natural public revenue, instead of something to be privatized, our wealth concentration problem would be much much smaller.
Instead, we permit individuals and corporations and trusts to privatize the value and we tax it only very lightly --- they get to keep the lion's share, just as if they made it themselves.
