-In a post awhile back, I wrote: >there's an interesting idea here [in -the quoted article]: require the payment of a premium price for -eminent domain forclosures. This could save on bureaucratic and legal -red tape, by discouraging unusually exploitative takings. -somehow, with all of Wojtek's name-calling ("reactionary"), the point -got lost. My original point was that eminent domain -- even when it -benefited only private-run development in search of private profits -(as it almost always does) -- be streamlined.
For personal property, such proposals make sense. Any homeowner or owner-proprietor should get a premium in compensation for the costs of relocation, although no premium should go to corporate landowners for merely controlling potentially prime real estate. Henry George wouldn't want to compensate people for sitting on land for speculative purposes.
Nathan Newman