A Land Dividend should be paid so long as there is property inequality...
Until land is more equitably distributed, citizens should be in receipt of a Land Dividend which is paid for by the wealthy landowners. It is unfair that so few have come to own so much of the land in most countries and those without land should be compensated.
Payment should be made by those whom the State recognises as being in ownership of a significant quantity of property which is then distributed among the rest.
This would be a temporary measure, to the point where land is better managed. Ultimately a Property Cap would restrict the likelihood of further Landlordism, but until that time a Land Dividend paid to the poor is justified.
For as long as the means of production is unfairly (past crimes or pragmatic observation of inefficient use of resources) distributed, the poor should be in receipt of a Land Dividend.
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All land is leased from the community and free from any other obligations other that the lease fee. 100% of the lease fee is then redistributed equally to every man, woman and child in the form of a Land Dividend. This makes the lease fee on the average parcel of Land exactly equal to the Land Dividend. This ensures that we each share the earth equally - a True Ownership Society. The rest of our social structure sprouts organically from this foundation where Individual Liberty and Individual Responsibility become the handmaidens of the world we are all seeking-)
ReplyDeletePeace
ReplyDeleteThank you for your comments on this blog today. Very insightful and accurate.
We agree on the importance of land and I am very optimistic that this philosophy will soon become mainstream.