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Cheating - Fred Harrison

Cheating - Fred Harrison
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Výrobce: Shepheard-Walwyn (Publishers) Ltd

EAN: 9781916517233

Výrobní číslo: 9781916517233

What if the poverty, inequality,and instability in modern life are not historical accidents, but thepredictable results of a single act of fraud committed five thousand years agothat has never been fixed? This is the argument made by economist and forecasterFred Harrison. By the time you finish reading, it's hard to disagree. The fraud is elegant in itssimplicity. When people live and work together, they create a surplus — a netincome that belongs to no individual, arising from the community, shared land,and nature. Economists call it rent. For most of human prehistory, communitiesshared this surplus for the common good. Then, with the rise of agriculture andsettled civilisations, chiefs and priests realised they could take rent forthemselves. They did, leading to everything that followed: slavery, empires,the cyclical collapse of societies, and the deep poverty that coexists withgreat wealth — all stemming from that original betrayal. This is not a book about ancienthistory; it's about today. Harrison shows that the fraud still exists in thefinancial systems of every modern state. Governments tax wages and businesses —activities that create wealth — while allowing the value of land and naturalresources to remain in private hands. The result is an economy permanentlytilted against working people, a property market that inflates in regulareighteen-year boom-and-bust cycles (Harrison predicted the 2008 crash years inadvance and identifies 2028 as the next), and seve

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