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We’re told: “Look over there, at the national debt!” but it’s land prices and the taxing of our incomes and purchases keeping the vast majority of us in debt.
At the Great Depression, neoclassical economists finally had their way with us: “There’s not enough rent!“
Oh, so 50% of the economy (ATCOR and EBCOR) is insufficient?
That left the greater part of economic rent to be scooped up by the uber wealthy.
Now we have calls to tax billionaires more. However, they have ways and means of hiding their wealth.
A switch back to taxing land prices more and income and sales less would do the trick nicely becuase land can’t be hidden.

Yes – it is a long way from happening, because rent seekers control the public media both in capitalist and incommunist societies.