[Campaignforrealdemocracy] 'Wealth' Discussion Fwd: [project2012] Re: Statement about Economics & Real Democracy

[Mark Barrett]

Here's Dave Wetzel's take on the question. Can we build a statement
around it?

-------------
How about considering man-made wealth and natural wealth?

The former includes buildings, clothes, tools, computers, furniture,
vehicles, machinnery etc.

The latter includes, land, the spectrum, the seas and oceans, sea-life,
plants, wildlife, oil, gas, coal, wood and water.

Capital is man-made wealth used for producing more wealth. So factories,
warehouses, offices, machinery, craftsmen's tools are  all capital.

consider a bicycle for sale in a cycle shop window - it is man-made wealth
and is capital.
If the purchaser uses it for pleasure  - it is man-made wealth but not
capital - it is a consumer good.
However, a bicycle used by a window cleaner for his business is capital.

Land is natural wealth. All land value should belong to the community - not
landowners.


  2009/8/4 Mark Barrett <marknbarrett at googlemail.com>

>   FYI see below.
> Does  anyone else feel like putting forward their own definition of wealth?
>
> ---------- Forwarded message ----------
> Hi Robin
>
> I like the idea you've put forward, of doing a statement that even a child
> can understand. With justice in this context aren't we talking about the
> ideal of "economic democracy" ?
>
> Democratic justice being about equal rights to share
> in power, including political-economic power..
>
> About wealth: isn't the earth and its various resources, including the
> people who inhabit it and their productions the primary human treasury? In
> my view these real resources should be conserved, and wherever
> possible used appropriately ie to the furtherance of equality, justice,
> ecological stewardship and spiritual well being. Of course individual
> endeavour must be rewarded, but also, somehow, the benefits of humanity's
> collective work, and the basic value of the whole earth should be shared
> equally as a basic starting point.
>
> And isn't that where LVT comes in?
>
> As Winstanley put it, better than almost anyone "the earth is a common
> treasury for all". [Or, "the meek shall inherit the earth"] ;
>
> Are we both talking about the commonwealth?  I am just guessing, am no
> expert.
>
> How would others describe wealth? Robin, what is your answer or statement
> regarding (1)?
>
> Cheers, Mark
> PS I will forward this discussion to the Project 2011 list to see what
> others come up with.
> 2009/8/4 Robin Smith <robinsmith3 at googlemail.com>
>
> Certainly can. Though myself I'm looking for a "just" society first
>> and foremost.
>>
>> 1) On Economics: The nature of wealth and how it is produced and
>> distributed, for all. Economic justice
>>
>> 2) On Land Value: This is a subset of economic justice. This is very
>> simple once we have agreed on 1)
>>
>> Shall we start by defining what we mean by "wealth"? I'd like to hear
>> what you all have to say about that?
>>
>> Brgds
>>
>> 2009/8/4 Mark Barrett <marknbarrett at googlemail.com>:
>>  > Dear Robin
>> >
>> > Please can we start drafting a statement about economics and land value,
>> > here, as you see it, in relation to how this will make for a really
>> > democratic society?
>> >
>> > Thanks
>> > Mark
>> > _______________________________________________
>> > Campaignforrealdemocracy mailing list
>> > Campaignforrealdemocracy at lists.aktivix.org
>> > https://lists.aktivix.org/mailman/listinfo/campaignforrealdemocracy
>> >
>> >
>>
>>
>
>
> --
> Best Wishes,
>
> Dave
>
> Dave Wetzel – CEO
> "Transforming Communities".
> Sustainable Transport Policies ▪ Public Finance with Social Inclusion ▪
> Affordable Housing ▪ Economic Land Policies with Justice.
>
> Tel: 0208 568 9004
> Intl:+44 208 568 9004
>
> Mobile/Cellphone: 07715 32 29 26
> Intl: +44 7715 32 29 26
>
> e-mail: davewetzel42 at googlemail.com
>
> 40 Adelaide Terrace. Great West Road.
> Brentford. LONDON. TW8 9PQ. UK
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-- 
"We hear men speaking for us of new laws strong and sweet /Yet is there no
man speaketh as we speak in the street.”
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