Jan. 14th, 2014

peristaltor: (The Captain's Prop)
Do yourself a favor. Watch a short movie.

Real Estate 4 Ransom from Real Estate 4 Ransom on Vimeo.



I have never heard of this Land Tax concept, yet it has been around since the late 1800s. It was so revolutionary, in fact, the modern configuration of neo-classical economics was created to bury it. Rockafeller funded the foundation of the Chicago School of Economics to promote the idea that land shouldn't be taxed as Henry George proposed; this largely allowed him to keep the revenue he extracted from his many natural resource properties.

Later, if you want a bit more, head over to Seth & Justin's site and hear two pretty good interviews on the topic (though the second interview with one of the writer/directors for the above movie, I've got to say, is painfully sibilant; dude needs a new mike badly). Sadly, the few Henry George books I've found online are pretty crappy, so badly scanned text that it is all but unreadable. I may have to see what I can do about that.

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