INEQUALITY – CAUSE AND CURE

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

INEQUALITY

• RESULT OF HARD WORK OR USE OF TALENTS NO PROBLEM

• TAKING THE RESULT OF OTHER PEOPLES WORK

THIS IS OUR PROBLEM

THIS WAS AN AGE OF FREEDOM SUCH AS IS BEYOND THE COMPREHENSION OF OUR OWN TIME(KENNETH JUPP – STEALING OUR LAND)

CONQUEROR

CAUSE OF INEQUALITY

• THE TRANSITION FROM • USERSHIPTO • OWNERSHIP

This land is mine

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.

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

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.

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.

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.

Communication

Mass ProductionInvention

Specialisation

Co-operation

Work on land

GROWTH OF ADDED VALUE

Increase in Money Supply

Communication

Mass Production

Invention

Specialisation

Co-operation

Work on land

GROWTH OF ADDED VALUE

Wages Consumed

Taxes

I-RentAccumulated

Money is a Means of Exchange.

Capital Value (x 20)

Distribution of Added Value

Taxes

I-RentAccumulated

WagesConsumed

Government Spending

LoansWelfare

MONEY SUPPLY

What Money has to Do

MintNotes and

Coin

Bank of England

Commercial Banks

New Loans

Repayments

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.

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

• 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

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?

THREE QUESTIONS

• WHAT IS LOCATION VALUE?• WHO CREATES IT?• TO WHOME DOES IT BELONG?

• (John Stewart, A Novel, “The President”)

• 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

FREEDOMLOCATION VALUE TICKET