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From the Open-Publishing Calendar
From the Open-Publishing Newswire
Indybay Feature

Non-binary economics: the walking tour

Date:
Saturday, July 01, 2023
Time:
9:00 AM - 11:30 AM
Event Type:
Teach-In
Organizer/Author:
David Giesen
Email:
Phone:
415-948-4265
Location Details:
meet in the lobby of the American Youth Hostel
312 Mason Street
San Francisco

You're steeped in binary economic thinking, namely capital & labor OR capital vs labor.

Come along on a FREE walking tour introducing you to commonsensical trinitarian economic thinking: Land, Labor, and Capital. The tour surveys San Francisco social movements, keeping ever in mind that properly speaking CAPITAL is stuff made by people individually or in mindful groupings, while LAND has no production cost--it's a gift of nature. Treating land/natural resources as a species of capital is inexorably injurious to all.

Maintaining this Capital-Land differentiation enables insight into the dynamics of domination in social, economic, and political structures. Three examples will suffice here to illustrate the enormity of trinitarian thinking.

Treating land values as community revenue (since land values arise due to the presence of community, not because a particular private party owns the land) defunds most private party large scale campaign funding; at present 75% of campaign donations are derived from land value rents.

Treating land values as community revenue returns an enormous portion of housing rent to community coffers for use in producing public infrastructure. Well over 50% of housing rent, leasing, or mortgages is, in fact, community-generated location value.

Treating land values as community revenue removes from private parties their unearned income derived from mere ownership of the earth which all those who labor must necessarily use.
Added to the calendar on Sun, Jun 25, 2023 8:42AM
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