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Economic Rents and the Future of Democracy

  • Dec 4, 2013 · 5:30 PM
  • This location is shown only to members

At this meeting of our Land Justice Group, Ed Randall will explore the origins of plutocracy and the ways in which plutocrats have not only protected their family fortunes but maintained political influence.

In spite of the introduction of universal adult suffrage 'Western liberal democracies' have had limited success in altering the distribution of income, wealth or power. Ed will draw on the insights of Henry George into the origins and ramifications of the privatisation of economic rents –  and land rents in particular - in considering the durability and adaptability  of plutocracy and the limitations and brittleness of 'liberal democracies',  even when they have been in the hands of elected representatives who have  expressed their support for highly egalitarian social and economic goals.

We will discuss whether democratic society can only be established and secured when a majority of the population accepts the need to treat location value as a common wealth.  He will outline the case for a legal and fiscal system capable of preventing a small number of rentiers from harvesting the common wealth for their private as opposed to public purposes.

Ed Randall is a Visiting Fellow in politics at Goldsmiths, University of London. Ed is the author of several books and his research and opinions have been widely published in a range of journals including Policy Studies, The Political Quarterly, Journal of European Public Policy, Social Policy and Administration, the Times Higher Education Supplement and the Liberator magazine. Ed played a leading role in drafting Caroline Lucas’s Private Members Bill, calling for research into Land Value Taxation, and he has been a vociferous critic of Coalition economic policy and the Government’s failure to make intelligent use of the receipts generated by the Bank of England’s Asset Purchase Facility. He has also prepared drafts of the legislation need to implement an Annual Land Value Tax in the UK.

Ed will be introduced by Professor Carl Levy - Director of the Research Unit in Governance and Democracy, University of London.

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  • Mike V.

    Afraid I will miss meeting. Boarded train for New Cross as instructed by rail employee and as confirmed by message board. First stop Rochester! My apologies. Mike

    December 4, 2013

    • Andria

      Tell us U are joking; please, please

      December 4, 2013

    • Mike V.

      Regret no joke. Having left London Bridge at 16.46 I returned to Victoria from Chatham at 18.36! Is there any record of the meeting?

      December 5, 2013

  • P.Selvaratnam

    Sorry I can't make it

    December 4, 2013

  • L.c.D.

    Hi Francis, Sorry can't make this one. Stuck in North London. Will see you at Empowerment & Equality: Muslim Women in the United Kingdom . Thanks Louise

    December 4, 2013

  • P.Selvaratnam

    Folks
    When you have time pl consider reading this - this has repercussions in all what we try to do democratically:

    ''The Oxford Martin Commission for Future Generations has published a report arguing that the increasing short-termism of modern politics needs to be overcome with serious and urgent reform to address key challenges facing humanity. The report, called 'Now for the Long Term', is by a commission of eminent leaders set up a year ago by the Oxford Martin School at Oxford University. .................. At the launch in London today, Professor Ian Goldin said: 'Failure to address long-term issues exposes current generations to unacceptable instability and risk; it threatens our ability to build a sustainable, inclusive and resilient future for all'' - Combating 'short-termism' in modern politics, 16 October 2013, http://www.ox.ac.uk/media/news_stories/2013/131016.html

    1 · December 4, 2013

    • A former member
      A former member

      Thanks P.

      December 4, 2013

  • A former member
    A former member

    RHB 356, Richard Hoggart Building. ALL WELCOME.
    See:
    http://www.gold.ac.uk/calendar/?id=7089

    December 4, 2013

  • Ann H.

    Which room is this in?

    December 4, 2013

    • A former member
      A former member

      Hi Ann,

      December 4, 2013

    • A former member
      A former member

      RHB 356, Richard Hoggart Building. ALL WELCOME.

      December 4, 2013

  • Ruby

    Sorry, I will be away and unable to attend.

    November 27, 2013

    • A former member
      A former member

      Lovely to see you at Alicia's home last week.

      December 4, 2013

  • Alan S.

    PS http://www.deathofanightingale.com/blog/page/22/ Scroll down to No. 78 for an interesting read.

    November 28, 2013

    • A former member
      A former member

      Cheers Alan, I especially like your blood transfusion idea.

      December 4, 2013

  • Jim

    Very sorry I can't come for this important topic.

    November 28, 2013

    • A former member
      A former member

      Hi Jim, Thanks for message. Hope to see you again at one of our future meetings.

      December 4, 2013

  • Andria

    I will do my best to get there though Sth London events not easy to get to. Great that this is being discussed in the Network though (speaking as an OCCUPY London lass!)

    December 4, 2013

    • A former member
      A former member

      Hi Andrie, Do hope you can make it tonight. Goldsmiths at New Cross is free although we would prefer central London. Anybody any ideas for a future free venue?

      December 4, 2013

  • A former member
    A former member

    Hi
    Room number for tonight's meeting at Goldsmiths College, New Cross is 356.
    I look forward to meeting you there.

    December 4, 2013

  • Alan S.

    Finally Fvck Feudalism and go for LVT http://www.deathofanightingale.com/blog/page/22/
    Alan

    November 28, 2013

  • A former member
    A former member

    "Land Justice" has held a series of meetings thanks to the initiative, help, advice and guidance of both Francis and Christina.
    For most of our meetings we are grateful to, and have enjoyed the hospitality of Ray Cornwell close to The British Museum. For this meetup we now move to Goldsmiths College at London University and everybody is most welcome.

    The room is booked in the name of The Professional Land Reform Group.

    November 8, 2013

21 went

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