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Saturday, March 30, 2013

Towards an anti-rentier politics

Throughout the late 19th century, the political economist Henry George argued that a main reason there was so much poverty amidst prosperity was the large presence of people collecting unearned income, or what he called "rents". His particular focus was on land, and his solution was taxes.

http://www.washingtonpost.com/blogs/wonkblog/wp/2013/03/30/ow-an-anti-rentier-agenda-might-bring-liberals-conservatives-together/?tid=pm_business_pop

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