The interesting thing about the Weyl proposal is that it is an alternative to private property that could potentially produce better social outcomes from a consequentialist/utilitarian/social welfare point of view. The reason for this is that it overcomes the tragedy of the anti-commons, such that holdouts can extract rents, sometimes at huge expense to society. If Weyl’s proposal would produce better outcomes, would you be in favour of it
I think there is a typo in the bit about Weyl?
The interesting thing about the Weyl proposal is that it is an alternative to private property that could potentially produce better social outcomes from a consequentialist/utilitarian/social welfare point of view. The reason for this is that it overcomes the tragedy of the anti-commons, such that holdouts can extract rents, sometimes at huge expense to society. If Weyl’s proposal would produce better outcomes, would you be in favour of it