Home

The Recession Generation Conference

San Francisco July 2016
A Skills Sharing Conference to Help You Navigate the Uncertainties of Economic Life in the Aftermath of the Financial Crisis

community-web

Why Should We Share Earth’s Resources?

Oil


Norway’s oil reserves were heavily taxed and used to pull the country out of poverty.
Why can’t other poor countries with large oil reserves do the same? It’s a question of who rightfully owns the oil, corporations, the government, or the people?

Water


Nestlé’s Chairman has said that water is not a human right; people should pay Nestlé.
Should a private company own most of the world’s water?

Land


Without land, there is no food. Without well located land, there’s no access to water, subsurface minerals, and public amenities like schools and hospitals.
In Paraguay for example, 1% of the population owns 77% of the land. Is this just? Is there a better way of doing things?
tedx-web

Who Owns the Earth?

From poverty and environmental destruction, to war and economic crises, many of the big problems we face as a planet are rooted in natural resources. While monopolists instigate wars over oil, diamonds, and other precious minerals in poor countries, the real estate sector profiteers from property bubbles (land) in rich countries.

Poverty

The legacy of colonialism is one in which we treat natural resources merely as spoils of conquest, resources to be exploited without regard for people or the environment. Consider Africa for example. Every year, $50 billion USD in aid and $40 billion in remittances go in to the continent. That’s generous, isn’t it? However, $400 billion is sucked out in resource profits. Africa, like most low income areas of the world, is not poor -it’s being looted.

Africas-not-poor-its-being-looted
rent-web

High Housing Costs

There are more empty homes in the US than homeless people. There is also a great deal of prime land in cities that remains vacant. Take New York City for example, if all of the land currently sitting idle was made available for use, it would be equivalent to adding another Manhattan to the housing market. Such a large increase in the housing supply would drastically cut housing costs and create jobs.

Environmental Destruction

Urban land is the most precious natural resource of all, for it determines how well we use all other natural resources. The more space that is wasted in cities, the more people must sprawl to outlying areas, causing a slew of environmental problems (see video). Therefore, saving the environment, and using resources efficiently means using land efficiently, first and foremost.

Environmental-web

Urban land is the most
valuable resource of all.

Property Tax


Efficient Way For Governments To Raise Money

San Francisco


Land Value Taxation Roots

Progressive


Progressive Tax Made Detroit a Powerhouse

RENT


Anti-Rentier, liberals and conservatives

Millennials


5 Economic Reforms for Millennials

Rich People


Taming wealthy, unproductive "moochers"