"locational" value of his parcel. A particular location is only made more valuable because more people come to live around it. Since it is society as a whole which gives ground rent its value . . . they reasoned that society should regain part of that value in tax revenue. See also Economic rent Law of Rent Superprofit Surplus value Value product Rentier state Rentier capitalism References External links Capitalist ground rent Marxian economics Renting