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ndrosenTo continue with the morning of Saturday, July 29, Vitnarae Kang was participating in the conference remotely, talking about South Korea.
She said that money was to be circulated to boost the economy. Land value taxation not the only source of revenue for the basic income, but . . . There are different sources of income; there are wages and privilege.
Why is inequality growing? Land privilege is a major source. Land monopoly is not the only monopoly, but is the greatest of monopolies and the mother of other monopolies (a Winston Churchill quote). How high are land prices in South Korea? She showed a graph, land price as a percentage of total property price.
How his is unearned income from land? There was calculus on the screen, sale price and something. Concentration of land ownership. Gini coefficient.
To be continued.
She said that money was to be circulated to boost the economy. Land value taxation not the only source of revenue for the basic income, but . . . There are different sources of income; there are wages and privilege.
Why is inequality growing? Land privilege is a major source. Land monopoly is not the only monopoly, but is the greatest of monopolies and the mother of other monopolies (a Winston Churchill quote). How high are land prices in South Korea? She showed a graph, land price as a percentage of total property price.
How his is unearned income from land? There was calculus on the screen, sale price and something. Concentration of land ownership. Gini coefficient.
To be continued.
