Pages

Pages

Monday, January 13, 2020

Unconventional Economics - How the Rich Steal From the Poor. Part One.

A lesson in economics you won't find in mainstream textbooks. How the rich get richer from stolen land.

Using ideas from Thomas Paine and Henry George and encompassing: citizen's income (aka citizen's dividend), the housing crisis and land value tax (LVT). If the ideas in this video were implemented the impact on the poorest in our society and especially the homeless would be enormous.

Since making this video I have been informed that Joseph Charlier was the historical figure that made arguments closest to those proposed here. According to Wikipedia:  "Joseph Charlier (20 June 1816 – 6 December 1896) was a Belgian self-described jurist, writer, accountant, and merchant. He was one of the earliest proponents of a citizen's income or guaranteed minimum income, preceding even the "state bonus" scheme published by British Dennis Milner (1892–1956) in 1920. " ... "Charlier proposed a scheme with a basic income paid unconditionally to every member of society, regardless of need or ability to work."





1 comment:

  1. Nice video!

    Now note that MMT proponents would do nothing about having to pay land rent.

    Note also that every citizen having land they cannot lose for more than 49 years* is a concept from the Old Testament (e.g. Leviticus 25). See now why disregarding or explaining away the Old Testament is so popular with wicked money lovers?

    Yes, the OT is bloody at times and in places but so is life. But at least with God judgement is His "strange" work** and one He only exercises after very much restraint (e.g. He gave the inhabitants of Palestine 430 years to repent before lowering the boom on them).

    *The land could be redeemed anytime earlier by paying the equivalent in crop value for the years remaining till the next 49 year Jubilee.

    **cf. Isaiah 28:21

    ReplyDelete