NOT CAPTURING THE RENT HAS COST US DEARLY

“A financial algorithm for untangling this tragedy exists. It is the formula that made civilization possible. It is now wilfully ostracised by academia.”

“For five millennia, nation-state governance was based on the capacity to protect a territory, collect the rent and provide the population with the services that secured their allegiance.”

“The new Prime Minister was sincere in her intentions, but she will be defeated by a form of governance that rests on a programmed-to-fail model of High Finance.”

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