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UID:Indybay-18857022
SEQUENCE:19022031
CREATED:20230625T154200Z
DESCRIPTION:You're steeped in binary economic thinking, namely capital & labor OR 
 capital vs labor.\n\nCome along on a FREE walking tour introducing you to 
 commonsensical trinitarian economic thinking: Land, Labor, and Capital. The 
 tour surveys San Francisco social movements, keeping ever in mind that 
 properly speaking CAPITAL is stuff made by people individually or in 
 mindful groupings, while LAND has no production cost--it's a gift of 
 nature. Treating land/natural resources as a species of capital is 
 inexorably injurious to all.\n\nMaintaining this Capital-Land 
 differentiation enables insight into the dynamics of domination in social, 
 economic, and political structures. Three examples will suffice here to 
 illustrate the enormity of trinitarian thinking. \n\nTreating land values 
 as community revenue (since land values arise due to the presence of 
 community, not because a particular private party owns the land) defunds 
 most private party large scale campaign funding; at present 75% of campaign 
 donations are derived from land value rents.\n\nTreating land values as 
 community revenue returns an enormous portion of housing rent to community 
 coffers for use in producing public infrastructure. Well over 50% of 
 housing rent, leasing, or mortgages is, in fact, community-generated 
 location value.\n\nTreating land values as community revenue removes from 
 private parties their unearned income derived from mere ownership of the 
 earth which all those who labor must necessarily use.\n 
 https://www.indybay.org/newsitems/2023/06/25/18857022.php
SUMMARY:Non-binary economics: the walking tour
LOCATION:meet in the lobby of the American Youth Hostel\n312 Mason Street\nSan 
 Francisco
URL:https://www.indybay.org/newsitems/2023/06/25/18857022.php
DTSTART:20230701T160000Z
DTEND:20230701T183000Z
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