There are some great political ideas that seem to circle endlessly as nothing more than ideas. Campaigns crop up and fade away, the ideas are rediscovered and a new movement starts. Sometimes they can tick along for decades waiting for the stars to align for them. The financial transaction tax is one such idea, finally getting its moment as European countries press ahead with their plans.
The land value tax is another revolutionary idea waiting to be picked up, a fundamentally sound idea that has got within a whisker of implementation in the past, but has been defeated by land-owning interests. The Georgists will get their moment eventually, and I was interested to see that George Monbiot has recently championed the land value tax.
He’s also been writing about the basic income, which may be about to move back into the limelight. This year a new campaign started to…
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