Abstract
KMT has always claimed that its land policies is based on the principle of so called ”equalization of land rights”, which was originated in Dr. Sun Yat-Sen's writings. Ironically, while the slogan is stirring, the performance is poor. The land price in Taiwan is rocketing and the real estates is increasingly concentrated on a few greedy speculators' hands. Sun Yat-Sen's main thesis is that economic rent should be socialized and shared by everybody in the society, not monopolized by the landlords. This paper traces the development of this revolutionary idea and examines its later transformation in the real political practices. The author argue that the subjective socialism of Sun Yat-Sen's did not get its objective social and political forces, and eventually failed even when Sun was still alive. After Sun's, death, under the threats of peasant revolution led by the Chinese Communist Party, KMT have developed some land policies with a radical appearance. But these policies has gone too far for KMT to implement. Therefore, ”equalization of land rights”, has become mere a slogan of the fictitious revolution.
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