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Land Reform through Taxation in South Africa

Further Reading:

Our Land, Our Rent, Our Jobs

Our Land, Our Rent, Our Jobs
by Stephen Meintjes and Michael Jacques

“How do 52 million South Africans share equitably in their 122 million hectares, especially when those hectares vary so enormously in value?” asks the Johannesburg Star.

The danger of not getting the answer right was revealed in the Mail and Guardian in an open letter to Richard Branson from Andile Mngxitama, the Economic Freedom Fighters’  (EFF’s) commissar for land and agrarian revolution. He accuses Branson of having bought stolen property: “The consequence of your witting or unwitting participation in this illegal transaction is that the EFF policy of land expropriation without compensation may, in the near future, affect your investment adversely”. Read the full article here.

In their new book, Our Land, Our Rent, Our Jobs, Stephen Meintjes and the late Michael Jacques show how a reform of taxation can lead to a more equitable distribution of land, while at the same time stimulating the economy and job growth.

As the veteran anti-apartheid campaigner, Peter Hain, comments, it provides “Lateral ideas on tax raising to generate social justice for all South Africans whilst maintaining international investor confidence”.

In the Foreword, Nobantu Mbeki writes “This book is, in a sense, immediate and topical and in another, universal and timeless”.

Our Land, Our Rent, Our Jobs will be published in July 2015.

What is the Chancellor to do?

Author Details: Henry Law, Henry took a degree in Chemistry but subsequently worked as a town planner dealing primarily with urban conservation and design. His writing has been published extensively in professional journals on architecture, planning and transport...

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What is the answer?

When you consider it, we all have an ideological mind-set of some sort, but unlike our elected leaders, we’re not in a position to impose it on the wider public; which is probably their good fortune – and ours! In the real world, as they say, we’ve had a Labour ideology for the past thirteen years, but with an election shortly, a more Conservative ideology may replace it. If so, how much will change, or perhaps, how much can change?

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“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”

Joseph Stiglitz

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Nelson Mandela

LATEST BOOK

Rent Unmasked

Rent UnmaskedRent 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