Because georgism doesnt solve the aforementioned problem. If the same space belongs equally to more than one person how do we determine who gets to occupy that space if more than one person wishes to occupy that space? you are back to needing to invent a property rule to solve this problem.
The idea is the one who occupies the land rents it from those who don't.
ah ok then. who ever wrote that wikipedia article has a very different definition for the word ownership than i do.
In principal i quite like this idea. I would be lying if i said that i hadn't explored this line of reasoning myself. It matches with my idea of social justice more than homesteading. (obviously homesteading still applies 100% to things you actually create but its difficult to justify the ownership of 3d space on philosophical grounds)
and i should also add that this would probably work quite well in a small community where individuals could gather togather once a year and conduct some sort of ceremony where the money exchanged hands infront of everyone. So it would be like bitcoin in that way, everyone would be auditing everyone. But as your society becomes larger this would quickly become uneconomical. You would soon find yourself needing an agency to conduct this business. As soon as you did that you would face some serious principal agent problems.
If you could think of a way to allow georgism to work without the need of a central authority. A way where the redistribution could be handled in a distributed fashion, possibly with a technology similar in some ways to bitcoin, than i think i could definitely be convinced to prefer georgism to homesteading.
keep following this path there is a lot of merit to this idea but be very careful. If improperly implemented it would likely lead to the development of a state and it may very well be the case that there is no way to implement it with out leading to the development of a state.
*edit* oh also a better rule than renting from society would be buying from society. This would be just or unjust for the same reasons that georgism is just or unjust but it would lead to much better outcomes. Imagine a person rents a bit of land from society and builds a house on it then a year later he is outbid and he loses his house.
AnCap is an appealing idea, and I'm extremely open to it, but I take an "I'll believe it when I see it" attitude towards it for the time being. I would say, though, that if it's possible to enforce traditional property rights without a state, I don't see why communal rights would be much different. Anyways, there are anarchists who seem to think it's possible.
Actually, one tricky part I see would be determining who is and isn't a part of the community for purposes of determining who's owed a share of the rent. I believe freedom of movement is an important one, and that there would be no such thing as citizenship in a free society.
"Buying from the community" would be a one time thing, and a short time later you're in the same situation you would have been without georgism, so it defeats the purpose.
To others: Land is distinct from capital. Capital profits are made from creating things for others to use. If you didn't exist, that capital would not have been made. Land profits are made by selectively depriving people of something that existed before you were born.
I actually have considered whether or not this applies to bitcoin, and ultimately I've concluded it doesn't. Early investors helped bitcoin grow to where it is today, and miners help maintain the network, so in that sense it's created like capital. Bitcoin is fungible, so holding bitcoin doesn't really deprive anyone of anything. There is always the possibility of creating new cryptocurrencies.