As King Charles III you have a profound opportunity to address and redress massive wealth inequality and also reverse several hundreds of years of Enclosures by welcoming the Commoners back to the Commonwealth for the Common Good. You have in your power several ways to restore the birthright to the Earth of multi-millions of people.
(1) In my favorite interview with you, you talk about the importance of preserving the smallholder way of life, exalting "the combination of natural ecosystems, the forests and the agricultural areas, together with the human cultural systems."[15] You could act the wizard and with the wave of your scepter place a substantial portion of your landed wealth into public trusts to establish these kinds of ecological villages where people can create beautiful places to dwell, plant nutritious vegetable gardens and orchards, pasture a few animals and maintain woodlots for home building and furniture making material. Your own estates are well managed and from their hubs you can teach and train people in organic farming and other homesteading skills. People can also learn from the Global Ecovillage Network [16] and permaculture movements. [17]
You have probably heard of the community of Findhorn in Scotland, one of the original "planetary light centers" emerging worldwide that are based on harmonization with the laws of nature. [18] I find of great inspiration the Russian Ringing Cedars movement launched by an amazing wise woman, Anastasia, the avatar of Siberia. [19] Her movement succeeded in its efforts to secure land for the people for ecological family domains, actualized by acts passed by the Duma, the Russian Parliament. Thousands of people have been leaving the cities to find their livelihoods in direct connection with Mother Earth. [20] You may be aware of the Lammas ecovillage in Wales. [21]
(2) A relatively few ultra wealthy people own a disproportionate share of urban lands worldwide. Your own metropolitan acreage in London has a notional value of over 4,600 million British pounds. [22] In urban areas where land values are greatly concentrated, you can address the increasing poverty and wealth inequality via fundamental tax reform. You could work with Parliament to remove the tax burden from people who work for a living (earned income) while shifting the tax base to the "land rent", which is unearned income as land value is created by society as a whole. This will remove the urban bits of Mother Earth from speculation, hoarding and private profiteering. This tax shift off of labor and onto land rent would procure ample funds for needed infrastructure and other public goods. As Dr. Paul Collier, Professor of Economics, Oxford University and author of The Bottom Billion says:
Density is valuable and that value is reflected in the price of land. In the urban centers there are enormous rents on rising land values. The taxation of land appreciation offers huge scope for financing the cost of urban infrastructure.
In "A Place to Live - Barriers to Affordable Housing in UK and Worldwide"[23] Heather Wetzel, Chair of the UK Labour Land Campaign, discusses the primary reasons why housing is out of reach to rent or buy for so many. She shares her concerns about our increasingly divided society of rich and poor and consequent social and economic problems. Heather puts forward land value tax and other fundamental policy proposals that can solve the housing and land problem and at the same time address environmental challenges.Land rent for public finance (aka land value taxation) can be traced back thousands of years, as far in fact as the Vedic period from which came Hinduism and Buddhism. [24] It also threads through the Abrahamic faiths of Judaism, Christianity and Islam. The tax history of China [25] tells us that Mencius strongly supported this form of public finance. [26]
Land value taxation is the golden thread of perennial wisdom teachings on land justice that when implemented has yielded balanced, harmonic and fair societies that are attuned to Natural Law. Charles Avila, a leader in the Philippines and good friend of mine, is the author of the now classic work titled Ownership: Early Christian Teachings. [27] Avila tells us that Christianity lost its original economic teachings of Jubilee Justice when it became the religion of the Roman Empire. Land as "the koina" is held as a sacred trust in the Abrahamic faith tradition but under imperial rule became "dominium" which entailed the legalization of land acquired by conquest and plunder.
The American political economist Henry George rediscovered these key economic teachings about land justice and set them forth in his magnum opus Progress and Poverty,[28] which launched him to worldwide recognition. His lectures throughout the United States and in the UK, Ireland and Australia made a lasting impact as there are numerous organizations working today to implement land value taxation. Among them is the International Union for Land Value Taxation, a United Nations NGO, for which I serve as Administrator. [29]
Sun Yat-Sen, considered by many to be the "Father of Modern China", built his Three Principles of the People in part upon the teachings of Henry George. Sun Yat-sen said that land value tax as "the only means of supporting the government is an infinitely just, reasonable, and equitably distributed tax, and on it we will found our new system."[30]
Leo Tolstoy was another fan of Henry George. He had a large portrait of him by his writing desk where he wrote several letters to Tsar Nicholas urging him to implement land value taxation. Tolstoy feared that if the land problem was not addressed a violent revolution could break out. In his last novel Resurrection [31] there is a scene wherein a nobleman is giving land to his serfs. Asking them how they would fairly share the land, the nobleman reads to them a passage from Henry George's Progress and Poverty. [32]
When the universal wisdom teachings of "sacred rule economics"[33] are not put in place, wealth and power inequality grows along with numerous other social problems. Violent revolution is often the result. Such was the case in France after King Louis XIV asked his court physicians, as they had knowledge of how the blood circulates through the body, to study how wealth was circulating throughout his kingdom. Later to be known as The Physiocrats, these founders of classical economics coined the phrase [34] "l'impot unique" ("the single tax") and urged the French kings to levy taxes on land instead of labor. [35]
Mirabeau the Elder said that if enacted the "l'impot unique" would be a "social advance equal to the inventions of writing and money." Alas, the French Kings paid no heed. The monarchy was formally abolished during the French Revolution (1789-99). Louis XVI died at the guillotine in 1793. His death marked the end of a thousand years of uninterrupted French monarchy. [36]
The insights of classical economics beginning with the Physiocrats continued forward through the next one hundred years when the work and writings of Henry George launched a major movement for land value-based tax reform with his book Progress and Poverty. George was one of the leading figures at the end of the 19th century, being as well-known at the time as Mark Twain and Thomas Edison. His lectures drew great crowds throughout the US, Britain, Ireland and Australia. He was twice a candidate for mayor of New York City. [37]
But power elites who drew vast amounts of wealth from unearned income derived from land and natural resources saw this movement as a threat to their interests. They financed departments of economics at Columbia, Princeton, Cornell and the Chicago School. Hence the inability of the current reigning body of economic thought - neoliberal economics - to solve the problem of gross wealth inequality while still maintaining the benefits of individual freedom. [38] Neoliberal economics corrupted the field of economics as it denies that Land, the classical economics term for all the gifts of nature, is a specific factor of production and considers the Earth itself to be a mere subset of Capital. Classical economics has three factors - Land, Labor and Capital - while neoliberal economics has only two - Labor and Capital. The corruption of economics was the great intellectual crime of the 20th century. [39]
The principles and policies of land value tax are based on Natural Law. Just consider the territorial ways of nature whereby parent birds claim a space (location) in a tree (natural resource), to build a nest out of mud and twigs (natural resources) and once the baby birds are hatched, they labor on land by flying round and about to find worms and insects (nature) to feed and care for their baby birds until they are fully launched into the wide world.
The reason that there is hunger and homelessness on the planet is because humanity is out of step with Natural Law. As King Charles III you have a magnificent opportunity to put in place these principles and policies based on Natural Law. And I, your astrological twin sister, know the very top experts in the world who can be counted on to do the best job of implementing land value taxation throughout the vast areas of land for which you are now responsible. "Your wish is my command" as the saying goes.
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