this post was submitted on 11 Aug 2024
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[–] randoot@lemmy.world 7 points 3 months ago

No, if enough people vote for socialist candidates and they pass a law that says all property now belongs to the state, then it'd be enforced just like any other current law.

The transition could be gradual. If we started nationalizing companies that get too big, and do that for a few generations then the state would own 99% of the economy.

If we keep raising property tax, you'd effectively get to the point where people are leasing the land rather than owning it.