Thursday, 24 May 2012

Derek Ross

Derek Ross

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  • Comment on: Do not pass go

    Derek Ross's comment | 26/01/2012 5:29 pm

    Jono, he's actually saying that he wants to tax non-productive people and not to tax productive people. The productive include workers but they also include people like John Galt. The non-productive are those without any useful skills who make their living by renting out things they didn't make. Like land.

    Community created value is value in an item created by someone other than the owner. So for example if I own a 20 acre farm in the middle of nowhere, it's effectively worthless since there are no roads which would allow me to sell my produce to others. If someone then builds a road or a railway which ends next door to my landholding, my farm will rise in value as a result of its increased potential to get goods to an urban market. This increase in value was not the result of my own work; it was "community created value".

    Lastly Robin's proposed method for returning land to the commons is one of the "better alternatives". It's described on the website of the Systemic Fiscal Reform Group. It's not the only possible way of doing that but it has the advantage of being a voluntary method. No force involved.

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