Model City Monday

Source: Astral Codex Ten
by Scott Alexander

“Marc Lore founded, various other internet startups, served a stint as Wal-Mart’s e-commerce director, and made a few billion dollars. Now he wants to start a city with a new vision of socially responsible democracy. Why move to this city instead of one of the many existing cities which are not in deserts and, you know, actually exist? Lore’s pitch is that Telosa (working name) will be inclusive and sustainable by following a Georgist model: all the land will be held in a community-owned trust, and all profits will go to social services. I like Georgism as much as anyone else, but I’m not sure a new city in the desert is the right place to try it.” (11/08/21)