Socialization of a Land Rent as a Way of Reconstruction of Social Structure for the Benefit of Ensuring Cost Efficiency

The revolution proclaimed, inter alia, to transfer the ownership of land to those who worked on it for their own benefit. Still, even in theory, it was yet to be defined what kind of ownership was needed to meet its primary objective.It is always troublesome, when a capitalizable object is transform...

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Main Authors: O. A. Аntoncheva, T. E. Apanasenko
Format: Article
Language:English
Published: North-West institute of management of the Russian Presidential Academy of National Economy and Public Administration 2019-01-01
Series:Управленческое консультирование
Subjects:
Online Access:https://www.acjournal.ru/jour/article/view/975
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author O. A. Аntoncheva
T. E. Apanasenko
author_facet O. A. Аntoncheva
T. E. Apanasenko
author_sort O. A. Аntoncheva
collection DOAJ
description The revolution proclaimed, inter alia, to transfer the ownership of land to those who worked on it for their own benefit. Still, even in theory, it was yet to be defined what kind of ownership was needed to meet its primary objective.It is always troublesome, when a capitalizable object is transformed into a public asset because in the context of the surplus product situation, no mechanism of such transformation has ever been developed. Nevertheless, soviet socialism achieved some progress in a more specific issue of transforming land into a public asset via socialized land rent, in particular, via a differential land rent. In the socialist time, an absolute land rent was challenged by the non-match between socialist monopoly and monopoly in terms of classical political economy as a source of absolute rent; lack of clear distinction between rent and profit on capital where there are no restrictions on capital overflow between economy sectors thus, rendering absolute rent literally non-existent in Pareto terms.Since the end of socialism, the egalitarian process has lost its gain of a socialized differential land rent and had to look for other options, this time in the new situation of private land ownership. This brings us to the works of Henry Georges where he suggests replacing taxes by land rent. Thereby socialization of a land rent from the instrument of elimination of social inequality will be transformed to the tool of economic efficiency.
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spelling doaj.art-2fa1af93ebc84335a8ce2ce515577a6a2025-02-27T17:48:17ZengNorth-West institute of management of the Russian Presidential Academy of National Economy and Public AdministrationУправленческое консультирование1726-11391816-85902019-01-0101114515510.22394/1726-1139-2018-11-144-155952Socialization of a Land Rent as a Way of Reconstruction of Social Structure for the Benefit of Ensuring Cost EfficiencyO. A. Аntoncheva0T. E. Apanasenko1Российская академия народного хозяйства и государственной службы при Президенте Российской Федерации (Северо-Западный институт управления РАНХиГС)Russian Presidential Academy of National Economy and Public Administration (North-West Institute of Management of RANEPA)The revolution proclaimed, inter alia, to transfer the ownership of land to those who worked on it for their own benefit. Still, even in theory, it was yet to be defined what kind of ownership was needed to meet its primary objective.It is always troublesome, when a capitalizable object is transformed into a public asset because in the context of the surplus product situation, no mechanism of such transformation has ever been developed. Nevertheless, soviet socialism achieved some progress in a more specific issue of transforming land into a public asset via socialized land rent, in particular, via a differential land rent. In the socialist time, an absolute land rent was challenged by the non-match between socialist monopoly and monopoly in terms of classical political economy as a source of absolute rent; lack of clear distinction between rent and profit on capital where there are no restrictions on capital overflow between economy sectors thus, rendering absolute rent literally non-existent in Pareto terms.Since the end of socialism, the egalitarian process has lost its gain of a socialized differential land rent and had to look for other options, this time in the new situation of private land ownership. This brings us to the works of Henry Georges where he suggests replacing taxes by land rent. Thereby socialization of a land rent from the instrument of elimination of social inequality will be transformed to the tool of economic efficiency.https://www.acjournal.ru/jour/article/view/975land rentcapitalizable objectpublic assetdifferential land rentabsolute land rent
spellingShingle O. A. Аntoncheva
T. E. Apanasenko
Socialization of a Land Rent as a Way of Reconstruction of Social Structure for the Benefit of Ensuring Cost Efficiency
Управленческое консультирование
land rent
capitalizable object
public asset
differential land rent
absolute land rent
title Socialization of a Land Rent as a Way of Reconstruction of Social Structure for the Benefit of Ensuring Cost Efficiency
title_full Socialization of a Land Rent as a Way of Reconstruction of Social Structure for the Benefit of Ensuring Cost Efficiency
title_fullStr Socialization of a Land Rent as a Way of Reconstruction of Social Structure for the Benefit of Ensuring Cost Efficiency
title_full_unstemmed Socialization of a Land Rent as a Way of Reconstruction of Social Structure for the Benefit of Ensuring Cost Efficiency
title_short Socialization of a Land Rent as a Way of Reconstruction of Social Structure for the Benefit of Ensuring Cost Efficiency
title_sort socialization of a land rent as a way of reconstruction of social structure for the benefit of ensuring cost efficiency
topic land rent
capitalizable object
public asset
differential land rent
absolute land rent
url https://www.acjournal.ru/jour/article/view/975
work_keys_str_mv AT oaantoncheva socializationofalandrentasawayofreconstructionofsocialstructureforthebenefitofensuringcostefficiency
AT teapanasenko socializationofalandrentasawayofreconstructionofsocialstructureforthebenefitofensuringcostefficiency