Economic solutions: How to go from financialized neoliberalism to a productive, sustainable economy
Geopolitical Economy Report
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Taxing Economic Rent and Re-industrializing the Economy
This chapter explores the importance of taxing economic rent, such as land rent, interest charges, and monopoly rent, to prevent the capitalization of unearned income into higher prices. It discusses the negative consequences of not taxing economic rent, including deindustrialization and the dominance of banks in the American economy, and proposes taxation reforms to create a fairer system and re-industrialize the economy.
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