Join a google hangout discussion, moderated by The Commons SF, concerning the possibilities for a national (at least) international (at best) financial credit paradigm shift.
Should the banks falter precipitously as in 2008, why not have a people-powered credit paradigm shift occur?
Those who identify monopoly values--especially land values--as socially generated or created, call for overwhelmingly socializing those values. Collecting the market rent of land values as public revenue divorces land values from serving as credit collateral. That means debt no longer attaches to land values. That means Labor and Capital no longer pay interest to purchase land, they only pay rent, with that rent going into public coffers, not into private treasure chests.
"If we could begin the world over again," say some, "there would be no private ownership of the earth."
Well, should financial credit go bust in these coronavirus "shelter in place" days, then is the time to rework the basis of credit from off of the "king's ransom" of paying rent to the private landowners.
Join a google hangout video conference introduction to Land Value Taxation to germinate the seed of Land Value Paradigm Shift.
google hangout code: meet.google.com/ysd-uejb-tbs
View events for the week of 3/20/2020
From the Open-Publishing Calendar
From the Open-Publishing Newswire
|If there's another credit collapse, then what?|
|Import into your personal calendar|
|Date||Friday March 20|
|Time||6:00 PM - 7:00 PM|
|info [at] TheCommonsSF.org|
|Google hangout: meet.google.com/ysd-uejb-tbs|
Added to the calendar on Thursday Mar 19th, 2020 4:47 PM