the board game monopoly was originally rejected

You had to store up enough capital to keep everyone working and then sometimes you'd run out and people would be poor and starve and then you'd have to save up again until you had enough.īut obviously that's absurd, people just need access to raw materials and their own labor, and they could provide at minimum their own subsistence. That explained business cycle/economic contractions, etc. One of the things he argued was that orthodox economics had a major conceptual error - that capital must be stored in order to employ labor. Lizzie Magie was a Georgist, a political philosophy based on the writings of Henry George. If you are interested in exchanging subreddit sidebox links, message the moderators.

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The board game monopoly was originally rejected