Without land, there is no labor. Without labor, there is no capital; and there is also no capital without land upon which labor can be undertaken and supported. And labor can't be supported, unless the land it works, is capable of sustaining human life; capable of sustaining the people who work to produce that capital.
Georgism would involve taxation of the value of land, based on the cost to the community and its markets of refraining from developing the property; not based on the value of the property according to the current model (i.e., land value plus the value of the developments on top of the land).
Land Value Taxation would involve no taxation of any structures built on top of the land, unless they are built or maintained at taxpayer expense. Nor would Land Value Taxation involve any taxation of the earning of income, nor of the buying and selling of goods, which occurs in and around those buildings.
Those who wish to read my past articles about Georgism may visit the following links:
http://aquarianagrarian.blogspot.com/2019/03/self-interview-on-libertarian-politics.html (see pt. 9)