- · Since the 50’s the euro-dollar and offshore banking system has been able to magic up endless credit to any western financial player or developer free of tax and regulation. This is the key economic change along with the abandonment of post war controls on the movement of capital
- · Political changes since the thatcher/Reagan era, which were facilitated by my point above, and the triumph of the ‘neo-classical' economic cover story paraded by the dangerous buffoons from the ‘Chicago school’ of economic policy have effectively hidden real economic thinking. This has kept wages down while allowing a ‘free market’ to allow the full force of what is known as ‘Ricardo’s law of rent’ to capture most of our economic production and pass it into the hands of unproductive monopolists, of which landowners, owners of natural resource rights and banking are the biggest.
- · By understanding ‘Ricardo’s law of rent’ further and better explained by Henry George in the 1870’s in a ‘free market’ rent and land prices will increase to match the surplus of production and therefore capture our growing national wealth and all the money created by loose lending policies and the dodgy international shadow banking system.
The thoughts behind the Renegade Ecologist
There are a thousand hacking at the branches of evil to one who is striking at the root....Henry David Thoreau
"In many ways, nature conservation has become just another method of rent extraction by landowners who are trying to hide the fact that modern farmers’ fields are essentially deserts, devoid of wildlife, and the taxpayer must pay ‘rent’ if we want wild animals to occupy ‘their land’."
Such a tax would not only stimulate jobs and enterprise but put a value on all of our natural resources and force us to look after them. If it was implemented for agricultural land, where the lower value of perpetually designated wilderness or natural grazing land is reflected in its land value taxation, it would be the surest way to save the wildlife of the UK and for the least cost to the taxpayer”
This would mean hard to farm areas, steep banks, riverbanks, rocky outcrops and areas landowners want to designate a nature reserves, which must be legally binding, could be set aside for wildlife and as such attract no taxation. The result of this would be that unproductive and marginal land would become wildlife havens and receive long term protection for future generation to enjoy. But it would also take away land and monopolies from our plutocrats who own wealth with no obligation to the rest of society, these plutocrats fund both the red and blue (and Yellow) faction of the vested interest or ‘line my friends pocket’ parties that control the legislature in Britain.
This blog is dedicated to teaching those who love nature that there is a simple ‘magic bullet’ that can save the rare wildlife of this country at no cost to the taxpayer. This magic bullet will actually grow our economy and create jobs and help create a better society based on rewarding those who work hard while penalising idol people who make monopolies such as bankers and landowners.
The solution if adopted worldwide would alleviate poverty and starvation and make a significant contribution to preventing war and terrorism.
Follow me on twitter: @peetasmithViews are my own and don’t reflect the views of Wildwood Trust
Thursday, 22 September 2011
Why poverty? that would be Ricardo's Law
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