Description

Book Synopsis
Pinpointing a flaw in prevailing economic practices that explains why so many families in the richest nation on earth are mired in poverty, homelessness, joblessness, and hunger, this study suggests that a reform is available to correct this flaw that is corroding the enterprise system. This flaw is widely accepted and enshrined in law; certain taxation and land policies enable a powerful few to skim off a large share of the wealth created by the mass of citizens. How this injustice plays a major role in generating destructive boom and bust cycles is important, but the overprivileged who benefit from âœlegalized theftâ are not vilified. Rather, the book calls for correcting the public policies that make slum ownership, land speculation, and other forms of parasitic and exploitive behavior more profitable than honest labor and productive enterprise. Accounts of places in the United States and elsewhere that are applying the proposed reform are presented, proving that it is politically f

Resolving the Economic Puzzle

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    A Paperback / softback by Walter Rybeck

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      Publisher: Shepheard-Walwyn (Publishers) Ltd
      Publication Date: Publication Date: 01/04/2011
      ISBN13: 9780856832819, 978-0856832819
      ISBN10: 856832812
      Also in:
      Economics

      Description

      Book Synopsis
      Pinpointing a flaw in prevailing economic practices that explains why so many families in the richest nation on earth are mired in poverty, homelessness, joblessness, and hunger, this study suggests that a reform is available to correct this flaw that is corroding the enterprise system. This flaw is widely accepted and enshrined in law; certain taxation and land policies enable a powerful few to skim off a large share of the wealth created by the mass of citizens. How this injustice plays a major role in generating destructive boom and bust cycles is important, but the overprivileged who benefit from âœlegalized theftâ are not vilified. Rather, the book calls for correcting the public policies that make slum ownership, land speculation, and other forms of parasitic and exploitive behavior more profitable than honest labor and productive enterprise. Accounts of places in the United States and elsewhere that are applying the proposed reform are presented, proving that it is politically f

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