According to Meintjes, the land reform in South Africa has largely been regarded as unsuccessful. 90% of the commercial land which was redistributed has now been left unproductive according to government records. The country has high taxes on labour and VAT which cripples industry. There is a large variation in land values and productivity within the country so rural towns are becoming derelict due to high levels of taxation on industrial activity. Hugely populated urban areas are conversely under taxed under the current system. Stephen Meintjes explains in this video how introducing the land rent proposals outlined in his book could help resolve a number of these issues.
Further Reading: Lie of the Land by Duncan Pickard Ricardo's Law by Fred Harrison The Traumatised Society by Fred Harrison In an article in the Guardian George Monbiot posed the question: ‘Why do we ignore the most blatant transfer of money from the poor to the rich?’...read more
Further Reading: A New Model of the Economy by Brian Hodgkinson The Science of Economics by Raymond Makewell At the Eastern Economic Conference in New York, Alanna Hartzok, Founder and Co-Director, Earth Rights Institute, delivered a presentation entitled, “A Tribute...read more
Further Reading: The Traumatised Society by Fred Harrison Fred Harrison’s latest book, The Traumatised Society, has been voted into the finals of The Non-fiction section of the People’s Book Prize and so gone through to the next round of voting. Voting to select the...read more
Further Reading: Eradicating Ecocide by Polly Higgins Earth is our Business by Polly Higgins In an interview with Marcin Gerwin of the Permaculture Research Institute of Australia Polly Higgins, author of Eradicating Ecocide and Earth is our Business, explained why it...read more
“You can become wealthy by creating wealth or by appropriating the wealth created by other people. When the appropriation of the wealth is illegal it is called theft or fraud. When it is legal economists call it rent-seeking”
John Kay, Financial Times 27th Dec 2009
“If a free society cannot help the many who are poor, they cannot save the few who are rich.”
John F Kennedy, Inaugural Speech, Jan 1961
“If science is defined by its ability to forecast the future, the failure of much of the economics profession to see the crisis coming should be a cause for great concern”
“Today we live in a world that is divided. A world in which we have made great progress and advances in science and technology. But it is also a world where millions of children die because they have no access to medicines… It is a world of great promise and hope. It is also a world of despair, disease and hunger”
Rent Unmasked explores the new economic paradigm that policy-makers need to solve global problems in the post-2008 era. With conventional economic theories discredited, the new model must equip governments with tools to re-stabilise societies in a dangerous world. Rent Unmasked explains why one paradigm only qualifies to serve this purpose: the dynamic model that reinstates time and space in economic theorising.
ISBN 9780856835117 | Price: £19.95