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“Economists Mason Gaffney and Fred Harrison claim in their work The Corruption of Economics that industrialists toward the end of the 19th century may have intentionally created and promoted a new brand of economics (neoclassical) to divert public attention from the monopolization of nature. Neoclassical economics treats nature as capital - a resource to be exploited.”
― Land: A New Paradigm for a Thriving World
― Land: A New Paradigm for a Thriving World
“We may wonder how the ability to profit from land fosters social dysfunction, but once we realize the extent to which community wealth is privatized for personal gain, we also come to realize just how corrupt most societies actually are. Many social problems exist as a result of how our system misallocates wealth, not as a result of an unalterable human condition.”
― Land: A New Paradigm for a Thriving World
― Land: A New Paradigm for a Thriving World
“Broadly speaking, there are only two ways human beings can make an income: ...by contributing to society or they can extract an income from society”
― Land: A New Paradigm for a Thriving World
― Land: A New Paradigm for a Thriving World
“If we look deeply at life, we realise that the benefits we receive from society are largely attributable to their location. Benefits are local to the areas that we live in: the roads we drive on, the stores we shop at, and the services we use.”
― Land: A New Paradigm for a Thriving World
― Land: A New Paradigm for a Thriving World
“In theory, capitalism is an economic system that allows people to freely trade goods and services in a competitive free market. But since the outright ownership of land creates an entry monopoly, it restricts the operation of the free market... Consequently, our current implementation of capitalism is deeply responsible for the exploitation of nature and the decline of social well-being.”
― Land: A New Paradigm for a Thriving World
― Land: A New Paradigm for a Thriving World
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