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RE: It’s Time to Build a Society that Benefits Everyone - Not Just the Privileged Few!
This problem bothers me a lot. I can't help but feel we are missing so many opportunities to discover new things and solve many of the worlds problems because the wealth is being funneled in this way.
There is an enormous lost opportunity cost here from so many people being in poverty and it is an ethical issue. I'm just wondering how many more Einstein like people would have now if everyone was giving the resources needed to realize their full potential. (Proper nutrition and education is essential for childhood development)
It is clear that we are being trodden on and mocked. It is true that we are missing out on so many opportunities. You mentioned nutrition and they give us GMO. You mention education and they give us indoctrination. They lie to us, all of the time and when they tell us the truth they disguise it as fiction!
Have you heard of Georgism? It seems like the Land Value Tax, while it wouldn't solve the problem entirely, would begin to put to distribution system on a fairer scale. Right now, we tax labor and consumption which impact the least the most; whereas, capital and land rent get off easier.
I haven't heard of it before. Please tell me more and post a link from a good source if you can. Thank you for contributing!
Here are two good links off the top of my head:
http://henrygeorge.org/bob/understanding-economics-site-map/
https://en.wikipedia.org/wiki/Land_value_tax
The best book on the subject is Henry George's Progress and Poverty. Here is a link to a PDF version:
https://mises.org/sites/default/files/Progress%20and%20Poverty_3.pdf
Thank you. I've bookmarked and will read them shortly.