This channel is the official RU-vid page of the Henry George School of Social Science.
Since 1932, tens of thousands of students have taken courses in economics and social philosophy at the Henry George School, gaining insights into the nature of society and practical solutions for our seemingly intractable social problems.
Henry George School of Social Science 149 East 38th St. New York, NY 10016 Phone: (212) 889-8020
At 45:10 Rossman references Keynes' famous 1928 article Economic Possibilities for Our Grandchildren however gets the period of time off by one. Keynes was saying by 2028 people would only have to work, at most, 3 hours a day and would have a hard time finding enough to do during the workday-so that's 10-15 hours of work a week.
Three factors the land also contains the items on that land but land with water had more value than dry land that I learned from my farming grandparents.
You will never succeed by using the term Socialism. Social Democracy is a better term and is practiced by the Nordic Countries. One's political label is not determined by one's goals but by the political system used to accomplish them. Socialism describes a government’s political /economic structure used to correct perceived problems or achieve desired goals. Socialism is the public ownership and central control of the means-of-production and investment whether administered by self-appointed elites or administered democratically. Socialism is not a large amount of services provided by the government nor the enforcement of law regulating a free-market, nor the management of infrastructure. . Note: Regulation is not ownership. Means-of-production is defined as investment in and the mass-production of factory goods since the industrial revolution and not crafts, mercantilism, or trade.
How would a historic church or landmark in the middle of downtown be able to afford the “pay to use the land fee”? And how do they pay for it in the current system?
Land by itself without the human labor to cultivate and build upon it is just as valuable. The comparisons provided are not of the grand daughter’s paintings or the old computer don’t seem to be relevant in your argument.
We all agree that democracy means rule by the people. At small scales, it's clear when something is democratic: everyone gets a vote on the decisions made. At large scales, we have conflated elections with democracy. Elections confine the input of the people to which elites will rule them. In electoral systems it is the elites that rule. It is our "betters." It is people with the access to money necessary to mount effective campaigns. For practical purposes, this narrows the Overton window of policy possibilities to those favored by the already wealthy. This prevents the meaningful shift of tax burdens off of work and sales and on to rents. This is an aristocracy. If we want a democracy at scale, we want sortition. To address the volume and complexity of decisions in large societies, we need to take random samples of people for short periods and have them make a single decision. Repeat these. Run them in tandem. For big decisions hold referendums. The US is not a democracy. The people do not rule.
Every public claim from the US/Zionist government is a blatant lie. When they claim fighting for democracy, they do intend to implement slavery. When will the world wake up ???
What they do is give a low or no interest loan like black stone to pick up these house at a discount which bails out the banks and sticks to the taxpayers. Who wind losing there house and become renters of a house they once owned.
Free markets are a fantastical wasteland and they always have been, market freedom is a spectrum and radicality is unsuitable. If you decreased income taxes then you increase consumption which increases inflation, income taxes should remain and strengthen on the top brackets and weaken on the low brackets to create an proto equilibrium and this state allocated excess should be distributed to state investment like infrastructure, education, healthcare, housing, elderly care, UBI, etc. When an individual has undue surplus, their surplus acts as an anchor of privilege as opposed to security, they garner more political will disproportionately influencing policy, etc. Our society should be structured in such that an individual cannot emmass unjust influence, power and control. To be a sensible Georgist one must also recognize that you need to be a Post-Keynesian too.
Fred is right, and this follows Henry George's claim for a land value tax. But Fred does not explain how landowners will accept this shift of taxes onto rents according to the theory of Henry George. Those of us who understand this have been described as "Seeing the Cat". I believe that to achieve this an alternative method is needed and it is provided through my poem below. A MORE STEALTHY GEORGIST CAT The Georgist cat is small and lean And often doesn’t get to be seen. It hides in the branches of an economic’s-tree So it takes a long while for you or for me, To appreciate its cute and original form That the landlords are so ready to scorn. The economic’s-tree has many fine branches (On which we contend, there are no free-lunches). Whilst the land-owning rich in the city all claim As bloated capitalists, that they’re not to blame For the gap that lays ‘twixt the poor and the wealthy, But oppose any tax to make our nation healthy. Have you heard the tale of a committee, that Thought to bell and get warning of a fat cat? But could not find a soul to apply this device, Because typically all were a council of mice! Our Georgist cat has a bell ready-fitted, (Which makes this analogy more to be pitted). This warning sound makes our ideals unwanted, For a new tax is how politicians get doubted. So the Georgist cat fails to catch any mice That pose as landlords, along with their vice. But how shall we silence the bell’s warning sound And quieten the news that our pussy’s around? Our Georgist feline is in serious error, ‘Cause its bell draws attention not only to whether Valuable sites can be ethically shared, But also the rent from a site is declared As the means to replace other kinds of taxation, Which obviously causes the landlords vexation. In the economic’s tree many other beasts lurk But are missed, after learning of Henry G’s quirk Through the cat-finder’s recently brilliant discovery. This writer seeks a new means for recovery From our politi-unacceptable claim, And stealthily project LVT once again. If we would but examine some more of the tree Alternatives are waiting there for us to see. Among them is hiding a far better way For an equivalent LVT effect, to stay In essence, without causing such evil offences To the landlords and their partitioning fences. When a property-owner decides to sell--quick The gov’ment buys its land, and not the public! Its occupant then leases it for a similar fee To the One-Tax of Henry George’s decree. Any buildings on-site should be sold as previously But without the land, on which the price grievously Had risen, with huge speculation in its advance That stopped entrepreneurs from having a chance. The cost of this land must be raised through new bonds Which the government sells and the public responds, ‘Though their interest-rate’s a bit lower than rent, Their returns are more stable than the average tenant! This process will take many years to complete-- So its financial support is no great money feat. After the lease-fees begin to collect, Gov’ments can tax less, and firmly expect To pursue this policy without change, until All the lease-fees are site-rents in the Gov’ment’s till. With the land properly shared, the government sees That site development stays with the current leasees. Other taxes that cause so much trouble and hate Are scrapped, with great pleasure to all in the state, Except for some bankers and the tax collectors Whose actions no longer apply in these sectors. Land-rights will be shared through this simple device, By a fast-growing country that takes our advice.
So politicians don't appropriately raise taxes because they will cut into the rents of the donor class. Directly taxing rents, although just and economically efficient, seem like they would be more noxious for this class. It would seem the problem becomes how to bypass politicians and the donor class. In a word: sortition. Get a better democracy and we'll get better tax policy.
One has to listen to Fred Harrison closely. The best source of public revenue is the potential annual rental value of locations. This would not be taxation but a charge for benefits enjoyed in the form of a location that has certain advantages. Taxing on housing units and other buildings are taxes on depreciating assets, assets produced by labor and capital goods. These assets should not be taxed for reasons of economic efficiency and ethics.
@@nthperson Oh, I'm already on board with LVT. That's what I was talking about with taxing rents. I meant economic rent: unearned income from gatekeeping.
we want _market_ equitism. wealth redistribution should ideally have negative or at least neutral deadweight loss. so we want pollution taxes, land value taxes, and UBI as our primary taxation system.
A MORE STEALTHY GEORGIST CAT The Georgist cat is small and lean And often doesn’t get to be seen. It hides in the branches of an economic’s-tree So it takes a long while for you or for me, To appreciate its cute and original form That the landlords are so ready to scorn. The economic’s-tree has many fine branches (On which we contend, there are no free-lunches). Whilst the land-owning rich in the city all claim As bloated capitalists, that they’re not to blame For the gap that lays ‘twixt the poor and the wealthy, But oppose any tax to make our nation healthy. Have you heard the tale of a committee, that Thought to bell and get warning of a fat cat? But could not find a soul to apply this device, Because typically all were a council of mice! Our Georgist cat has a bell ready-fitted, (Which makes this analogy more to be pitted). This warning sound makes our ideals unwanted, For a new tax is how politicians get doubted. So the Georgist cat fails to catch any mice That pose as landlords, along with their vice. But how shall we silence the bell’s warning sound And quieten the news that our pussy’s around? Our Georgist feline is in serious error, ‘Cause its bell draws attention not only to whether Valuable sites can be ethically shared, But also the rent from a site is declared As the means to replace other kinds of taxation, Which obviously causes the landlords vexation. In the economic’s tree many other beasts lurk But are missed, after learning of Henry G’s quirk Through the cat-finder’s recently brilliant discovery. This writer seeks a new means for recovery From our politi-unacceptable claim, And stealthily project LVT once again. If we would but examine some more of the tree Alternatives are waiting there for us to see. Among them is hiding a far better way For an equivalent LVT effect, to stay In essence, without causing such evil offences To the landlords and their partitioning fences. When a property-owner decides to sell--quick The gov’ment buys its land, and not the public! Its occupant then leases it for a similar fee To the One-Tax of Henry George’s decree. Any buildings on-site should be sold as previously But without the land, on which the price grievously Had risen, with huge speculation in its advance That stopped entrepreneurs from having a chance. The cost of this land must be raised through new bonds Which the government sells and the public responds, ‘Though their interest-rate’s a bit lower than rent, Their returns are more stable than the average tenant! This process will take many years to complete-- So its financial support is no great money feat. After the lease-fees begin to collect, Gov’ments can tax less, and firmly expect To pursue this policy without change, until All the lease-fees are site-rents in the Gov’ment’s till. With the land properly shared, the government sees That site development stays with the current leasees. Other taxes that cause so much trouble and hate Are scrapped, with great pleasure to all in the state, Except for some bankers and the tax collectors Whose actions no longer apply in these sectors. Land-rights will be shared through this simple device, By a fast-growing country that takes our advice.
Governments do not have the guts, or in more regular English they are unable to introduce laws that cause the opportunities for access to natural resources to be equally shared in a socially just way. Governments are driven by their politics, which are not based on creating more social justice, but on catching more votes by making popular changes. No political party has yet to appeal to the public by a major policy to achieve Henry Georges proposal for taxing land values as a single tax, or better still as a way for buying back the land as it is being sold and then leasing it out to the new occupiers, whilst its buildings are sold and occupied and possibly tenanted as before..
Thank you, Fred. Succinctly stated. A good start for anyone who wonders whether there is any way to prevent the next financial crisis and a potential systemic collapse.
I would dispute that the Russian people were dispirited with "Stalinism". Stalin had been dead for four decades when the Soviet Union was finally liquidated. What people may have been dispirited with was Khrushchevite revisionism, that had reintroduced market mechanisms after Stalins death and was even allowing the Soviet bloc countries to accept loans from US banks, which fueled the growth of a black market and of corruption. It was the REJECTION of Stalin's policies that had been so successful during the 1930s and 1940s that wrecked the central planning model, fueled the spread of revisionist ideology, and made possible the counterrevolution by the traitors Gorbachev and Yeltsin.
Singapore simply ABOLISHED the Magna Carta based laws of private land ownership rights. 25% of Singaore housing is private but 75% is STATE. State controls all land supply for the people. Result: 90% home ownership rates, Land Value Capture funding 50% of the State & Income Tax providing just 11% of State Revenue.
I think the music and too-obviously staged interview reduce the impactfulness of the message in this video. Idk how to fix it, but I can tell you that's what I would say is the problem.
It is reclaiming *_commonly created wealth_* that soaks into the land crystallizing as land values. This is reclaimed by _Land Value Tax_ to pay for public services eliminating income tax. Also charging for extraction and use of common resources to go into public coffers. *1)* Commonly created wealth pays for common services; *2)* privately created wealth stays in private pockets.
@kevintewey, the updated Georgist idea of taxing rents includes finance and all monopolies. This idea is the backbone of Michael Hudson's work on debt, if you are familiar with him.
@@johnburns4017 His work on debt and rent seeking is very influenced by Henry George's work. Capitalism promises to be the economic system of private ownership in property that optimizes productivity and ingenuity. It isn't. In order to fulfill that promise, all rentier ownership must be abolished. If you think about it, this is common sense, yet most wealth is gotten from rent seeking, not productivity. The powers that be are illegitimate and they will do everything they can to prevent their positions to be questioned.
I am shocked by this week's apparent quote from HG's work. If it is true, then it is socialism, a distinctive trend in political thought of which I have always believed he is not a supporter of. Instead George's writing are for creating more equal opportunities in our society and not about sharing what we have equally!
Elections themselves are the problem because they play into the hands of the already powerful. No matter what your regulations are, more money can pay for more effective campaigning. This will tend to select for people who are either wealthy themselves or indebted to wealthy people. The most effective ways to become wealthy in our current system are to exploit the labor of others or to gatekeep natural resources or intellectual property because these sources of wealth are passive and can be "earned" without work. Thus you can multiply your earnings by multiplying your ownership and just let the wealth keep snowballing on the exploitation of value you didnt create. Even if you get a few Georgist members in, without some sort of revolutionary political change, they will then have to run for reelection again and again. There will be good exceptions, but in legislatures it's the average that counts. And on average, increasing campaign money increases your chances. Elections are not a viable way out of this mess. I suggest working towards sortition.
