Geonomics – A Summary

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by Karl Williams

200-WORD OVERVIEW

Geonomics (‘law of the Earth’) represents a completely different way of looking at The Earth. Starting from the self-evident (but ignored!) principle that The Earth (land and natural resources) should be the equal and common birthright of all humanity, a radically different set of economic and social principles emerge. However, the means to implement these principles is relatively simple – essentially, taxing land values rather than production.

That unemployment is inevitable in modern industrialised economies is not true. In economic terms, land has the unique qualities which gives landholders unique monopolist powers and the ability to make massive speculative profits while their land lies idle or under used while its value is rising.

Cartoons

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 This is why the rich get
richer and the poor get poorer. The rich own 80% of the board!

 

Carbon Capping

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Carbon Capping – A Citizen’s Guide

Leading Author Peter Barnes has summarised the carbon capping system in 22 easy to read pages. Essential reading on one of our most important and eloquent thinker, the guide describes three different ways to cap carbon: cap-and-giveaway, cap-and-auction, and cap-and-rebate. It explains how, “if done right, a descending economy-wide carbon cap is the single best tool to fight climate change.” But it warns that, “if done wrong, a cap won’t reduce emissions sufficiently and will transfer hundreds of billions of dollars from families to corporate polluters.”

Read the full report here

The guide has been released with a Creative Commons license, which means it can be freely reproduced and circulated.