Community land auctions can mobilise the cake-cutting principle for fair rent extraction.

Evidence

The key to the rent charging system in the commercial zone is a Permanent Auction Subletting Scheme (PASS), a mechanism designed to ensure that communities can extract maximum rents from their commercial zones with which to invest in their social zones. PASS works a little like the famous trick for fairly distributing a cake between two people: one person cuts, the other chooses. — Yanis Varoufakis, Technofeudalism, 742

Categorization

• XREF: Ties into the reader’s broader theme: ground rent as the ancient cousin of cloud rent, both needing institutional containment.
• SHARE: Send to anyone working on land-value taxation or geoism interest.
• corroborated: 2 independent passages support this claim — Yanis Varoufakis, Technofeudalism: What Killed Capitalism, 742