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INEQUALITY CAUSES & CURES
- 1. INEQUALITY – CAUSE AND CURE
- 2. DYNAMICS • MAN SEEKS TO GRATIFY HIS NEEDS AND DESIRES • THE RESULT IS WHAT WE CALL WEALTH • AIR, SUNSHINE AND LAND ARE NOT WEALTH • RENT IS A MAXIMUM • SO WAGES ARE REDUCED TO A MINIMUM • TAXES COME OUT OF RENT
- 3. INEQUALITY • RESULT OF HARD WORK OR USE OF TALENTS NO PROBLEM • TAKING THE RESULT OF OTHER PEOPLES WORK THIS IS OUR PROBLEM
- 4. THIS WAS AN AGE OF FREEDOM SUCH AS IS BEYOND THE COMPREHENSION OF OUR OWN TIME (KENNETH JUPP – STEALING OUR LAND)
- 5. CONQUEROR
- 6. CAUSE OF INEQUALITY • THE TRANSITION FROM • USERSHIP TO • OWNERSHIP
- 7. This land is mine
- 12. NOW • 1% OF WORLD POPULATION OWNS 40% OF WORLD WEALTH • IN LAST 20 YEARS THEIR SHARE OF INCOME INCREASED BY 60% • $10TRILLION IN TAX HAVENS BELONGS TO 92000 PEOPLE, THAT IS 1% OF 1%! • CAPITAL FLIGHT OUT OF AFRICA FOR EXAMPLE $1264BILLION.
- 14. INTEREST • USURY IS INTEREST IN EXCESS OF RISK. • IN A UNIT BOUND BY LOVE NO INTEREST IS CHARGED, EG, A FAMILY • BUT WE HAVE CREATED A SITUATION IN WHICH POWER IS GIVEN TO LENDERS. • SO INTEREST IS SET BY A COMPROMISE BETWEEN POWER AND LOVE. • CURE – REMOVE THE POWER
- 19. WELFARE • NEED CAUSED BY OUR TAX SYSTEM • AND BY RENT REDUCING WAGES • NOW MAYBE HALF OF TAX REQUIRED IS TO PROVIDE WELFARE • CURE – RETURN TO NATURAL SOURCE OF PUBLIC REVENUE.
- 20. MONEY • A MEANS OF EXCHANGE • NOW WE EXCHANGE EVERYTHING WE MAKE, BUT ALSO WE HAVE TO EXCHANGE OUR WORK FOR SHELTER, A HOME, AND UNDER THIS IS A PIECE OF LAND, SO WE HAVE TO PAY SIX TIMES THE VALUE OF A HOME TO LIVE THERE, AND THIS EXCHANGE TAKES 30/50 YEARS, SO THE AMOUNT OF MONEY IS LARGE.
- 21. PRODUCTIVITY • ENORMOUS INCREASES • WHEAT 1790 ONE MAN ¼ ACRE 1890 2 MEN WITH HORSES 20 ACRES • IRON 1920 3 MAN HOURS PER TON 2000 0.003 MAN HOURS PER TON • TEXTILES – SPINNING WHEEL, FLYING SHUTTLE,SPINNING JENNY, SOWING MACHINE.
- 22. Communication Mass Production Invention Specialisation Co-operation Work on land GROWTH OF ADDED VALUE Increase in Money Supply
- 23. Communication Mass Production Invention Specialisation Co-operation Work on land GROWTH OF ADDED VALUE Wages Consumed Taxes I-Rent Accumulated Money is a Means of Exchange.
- 24. Capital Value (x 20) Distribution of Added Value Taxes I-Rent Accumulated Wages Consumed Government Spending LoansWelfare
- 25. MONEY SUPPLY What Money has to Do Mint Notes and Coin Bank of England Commercial Banks New Loans Repay ments
- 26. ROUND AND ROUND WE GO! RENT GOES UP, SO HOUSE PRICES GO UP SO MORE HOUSES ARE RENTED SO RENT GOES UP…………………. MORE AND MORE MONEY NEEDED. PEOPLE LOADED WITH DEBT SOME LOADED WITH ASSETS.
- 27. CURE SO TO CURE THE MONEY PROBLEM WE HAVE TO STOP THE ACCUMULATION OF WEALTH IN A RELATIVELY SMALL NUMBER OF PEOPLE. BUT ONLY WEALTH MADE BY OTHERS
- 28. • THE PROBLEMS WE SEE IN INTEREST, RENT, TAXATION AND MONEY ALL COME DOWN TO ONE CAUSE;- • THE ACCUMULATION OF OTHER PEOPLES WEALTH IN THE HANDS OF THOSE WHO CLAIN TO OWN THE FREE GOODS OF NATURE. • “BOOM AND BUST” ALSO (Fred Harrison) • No point in tinkering with result
- 29. TESTS OF REFORM • ANY PROPOSALS FOR REFORM MUST PASS THESE TESTS;- • Would the downward pressure on wages be removed? • Would our children be able to buy a house for the price of a house? • Are sites available for use, if only the annual location value has been paid for?
- 30. THREE QUESTIONS • WHAT IS LOCATION VALUE? • WHO CREATES IT? • TO WHOME DOES IT BELONG? • (John Stewart, A Novel, “The President”)
- 31. • LOCATION VALUE TICKET • I certify that the holder has paid the community for the advantages given to the site “Old Harry’s Field” for the year 2013. • Amount paid £1234. • No other taxes due. • Signed………………… • Clerk to Commissioners 23rd March 2013 FREEDOM LOCATION VALUE TICKET