If you are unable to grasp or understand the geolibertarian approach to land ownership and land value, then you're probably going to mistake this philosophy for big scary boogeyman communism.
However, no one in such a system would be deprived the fruits of their labor. No tax on income, no sales taxes, etc. I thought free market right wingers could get on board with this, I mean shit, if Milton Friedman of all people favored a single tax system (in this case, land value tax)...
Any bit of property or money you own (aside from land) is yours to keep in the geolibertarian model.
meanwhile the lefties still win because we could easily fund shit like UBI/"negative income taxes" in such a system, but in a way that also keeps the free marketers happy, due to the absence of taxes that otherwise burden consumers and businesses, not to mention essentially ending the severest forms of gentrification.
I find it quite interesting. I did agreed on the notion of equal property for minerals, petrol, etc... I agree with the Ethics part that nobody produces oil/petrol and nobody can ever produce land with their own work, so in fact exchanging land and capital and leaving people without any land because they "didn't work" doesn't make much sense.
There is also the city building game I used to play. MODs that somewhat simulated (these were rare, though) some income coming from petrol, mines, etc... (they generally put a generic building instead, but we can pretend it is a mine) were rare and unfeatured on the stock game because they would make everything quite easy, you can get the income from them and alleviate the taxes while still keeping the services a good quality, boosting the city growth (since you get good quality services and low taxes, which makes quite convenient for business). And this is one of the reasons I believe the government or some public entity should own things such as gold-mine, petrols, etc... although for this century these are becoming weak and weak... While for 20th century in the end most privatization of these resources ends up making life easy for just a few instead of having an easy common income.
It doesn't look like a bad idea, but this is one of these alternative systems where the neolibs wants to put on trash and label as communist and leftists are more likely to ignore, such as was with Meritocracy Party ideas, so I highly doubt we will see any of this anytime soon. I would love and think it would be healthy world-wide to have such alternatives in some few countries rather than everybody running the same type of capitalism and everyone fighting for the same kind of capitalism globally.