Wealth and Want
... because democracy alone is not enough to produce widely shared prosperity.
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Fred Harrison's Video: Ricardo's Law: House Prices and the Great Tax Clawback Scam

a YouTube video: http://www.youtube.com/watch?v=6ZkfmY1PMng

Fred Harrison, a London-based writer on economics (Boom-Bust 2010, Wheels of Fortune, The Corruption of Economics, etc.) has made a 7 minute video which describes the premise of his book of the same title. While he is discussing something universal, it may be easier for the American viewer to understand it when considering the effects in another country.

Among the topics Fred explores are a number of themes on the Wealth and Want website:

poverty's causesDavid Ricardolanded gentryvictimsis democracy enough?location, location, locationwealth concentrationDuke of Westminsterincome taxes wrongprogressivityporkpaying twicelandlordlandlesspaying the wrong partyfinancing educationpay for what you takeuser feesland appreciates while buildings depreciateland share of real estate valueurban land share of real estate valueregressivitywealth from land appreciationland concentrationunearned incrementwindfallcapital gainsprivatizationland earning more than laborboom-bust cyclespaying the wrong partysubsidiesuntax wagesWinston ChurchillDavid  Lloyd-Georgein one's sleepall benefits go to the landownerlandlordismland monopoly capitalismpay for what you takeefficiencycanons of taxationdirect taxationindirect taxationequalityprivilege (private law)God's eldest sonsfounding fathers and first familiesI was here first!created equalabolishing povertyland value taxation

You can order the book in paperback from the online bookstore at http://www.schalkenbach.org/

 

 

 

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... because democracy alone hasn't yet led to a society in which all can prosper