Geolibertarianism

It favors a taxation system based (as in Georgism) on income derived from land and natural resources instead of on labor, coupled with a minimalist model of government, as in libertarianism.

Geolibertarians maintain that geographical space and raw natural resources—any assets that qualify as land by economic definition—are rivalrous goods to be considered common property, or more accurately unowned, which all individuals share an equal human right to access, not capital wealth to be privatized fully and absolutely.

"[3] Geolibertarians are generally influenced by the Georgist single tax movement of the late-19th and early-20th centuries, but the ideas behind it pre-date Henry George and can be found in different forms in the political writings of John Locke, the early agrarian socialism of English True Levellers or Diggers such as Gerrard Winstanley, the French Physiocrats (especially Quesnay and Turgot), British classical economists Adam Smith and David Ricardo, French liberal economists Jean-Baptiste Say and Frédéric Bastiat, American Revolutionary writers Thomas Jefferson and Thomas Paine, English Radical land reformer Thomas Spence, American individualist anarchists Lysander Spooner and Benjamin Tucker, as well as British classical liberal philosophers John Stuart Mill and Herbert Spencer.

[4] In continuity with the classical economic and liberal traditions, geolibertarians contend that land is an independent factor of production, that it is the common inheritance of all humanity and that the justice of private property is derived from an individual's right to the fruits of his or her labor.

Thus, the value of the land is returned to the residents who produce it, but who by practical necessity and legal privilege have been deprived of equal access while the poor and disadvantaged benefit from a reliable social safety net unencumbered by bureaucracy or intrusive means-testing.

The common and inelastic character of the radio wave spectrum (which also falls under land as an economic category) is understood to justify the taxation of its exclusive use, as well.

[10][11] American economist and political philosopher Fred Foldvary coined the term geo-libertarianism in a so-titled article appearing in Land&Liberty.