What do you think about Georgism? It might actually be more free-market than traditional capitalism.

I’ve been reading about Georgism, and I’m curious what free-market capitalists think of it. The system keeps full private ownership of labor, capital, production, business, and investment. Nothing you create or produce is taxed. Instead, the only payment you make is the annual market-determined value of the land you use. Because that amount is set entirely by supply and demand, land becomes a competitive market good rather than a speculative asset.

One detail that makes Georgism even more free-market than standard capitalism: the land never leaves the market for more than a year. Every year you must pay the market-based land value; if you don’t, the land returns to open bidding. That means no permanent hoarding, no lifetime shielding of prime locations, and continuous competition. Land isn’t just in the market it stays in the market forever.

By removing taxes on income, wages, profits, sales, and trade, Georgism creates a cleaner and less distorted market than standard capitalism. It eliminates unearned land rents while leaving all productive activity completely free. In that sense, it seems “more capitalist” than the current system.

So for those who lean pro-market or libertarian: how does Georgism fit within your idea of a free-market economy? Is the continuous land competition a feature or a flaw? Interested in hearing different perspectives.