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Showing posts from January, 2012

"If you want a vision of the future, imagine a landlord taking all of humanity's surplus income - forever"

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The Real News Network (TRNN) made this excellent news report on third world land grabs. This will cause a food crisis as described but its implications are much, much wider. Its a pity that the  TRNN did not follow this land speculation to its obvious conclusion that it will enshrine poverty of the world.  The solution to this is for the countries to tax the value of land and return it  equally to all the people of the country. That way they can attract investment for  modern farming and increase production while everyone receives the fruits of the land. Without land rent capture the population of the Third World are doomed to poverty forever more, land grabs, biodiversity and commodity speculation will make them poorer. Biofules are an environmental and human nightmare where the starving children of the third world are left landless and our most precious wildlife habitats are destroyed to allow fat Americans to drive their S...

Can Churchill Save us from World Depression Two?

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An old University friend of mine, who has been a senior financial journalist for many years and  is now a newspaper editor, asked this question today in his newspaper and asked for responses: "What shall we call the financial crisis? We've had the Great Depression, the Credit Crunch and Black Monday. How will history remember the last five years of economic calamity?" My thoughts to him where if we had The Great War & the Great Depression so the Great War became World War One, so the Great Depression becomes World Depression One and our current situation is World Depression Two. You can make your own response too on this link: http://www.thenational.ae/thenationalconversation/industry-insights/economics/crisis-what-crisis-its-likely-to-be-more-serious-than-that My old friend has yet to discover the wisdom of Henry George, Minsky, Stiglitz or the many other economists who understand the role of economic ...

Ecocide - Trusteeship NOT Land Ownership

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Barrister, Author and Campaigner, Polly Higgns explains the concept of Ecocide. Ecocide is a legal concept of Laws and Governance to Prevent the Destruction of our Planet. She explains the need to change from property laws to trusteeship laws for land "I owe NOT I own" Published by Geophilos