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We have mechanisms for this, it's called buying shares. If you want to own some of the company you work for, you buy some shares in it.

Quick question: say a municipality puts its tax receipts in its public bank. Given reserve and capital requirements, what multiple of the tax receipt deposit base can be leveraged into loans for infrastructure etc.?

Excellent, thank you!

😑 p͓̽r͓̽o͓̽m͓̽o͓̽s͓̽m͓̽

Magnificent. Also, great to see yesterday Kate Raworth put Community Wealth Building at the heart of her notion of how to implement Doughnut Economics. czcams.com/video/bPa1fmlY3Uo/video.html

Any one else notice this in 2022.............. this talk was in 2011. That is a thousand years ago, now.

I need help

Yay!

What every community has to offer residents and those who wish to engage in commerce are locations to choose from. Communities bring public goods and services to locations. Generally speaking, the quality of these public goods and services are converted into land values. Every parcel or tract of land has some potential annual rental value that is societally-created. What the individual owner of land does or does not do to improve the land held has no bearing on its value. What we know from taxation theory is that a low effective rate of taxation on the value of a location provides a financial incentive to leave land vacant or under-improved. For several centuries now economists and reformers have been arguing that the rental value of all locations rightfully belongs to the community and should be collected via taxation. Communities in the United States do collect some of this value, but far far less than is there to collect. Instead, our cities, towns, townships, counties and school districts almost everywhere impose an annual tax on what may or may not be the current market value of both buildings and land parcels that people own. Buildings are depreciating assets that require ongoing expenditures for maintenance and periodically require considerable expenditure of funds for system replacement. For low-to-moderate income households the taxation of their housing unit is a significant financial burden. The optimum rate of taxation on housing units and on building is ZERO. Conversely, the optimum rate of taxation on land parcels is the dollar amount that the parcel would yield under an annual lease. Moving to a land-value only property tax base has proven itself wherever tried. It removes the potential to financially benefit by acquiring land for speculation rather than development. Owners of land have a strong financial interest in bringing whatever land is held to its highest, best use -- or sell to someone who will. There is some irony in the fact that the constitution of the Commonwealth of Pennsylvania is one of the few that permits communities the local option to move in the direction of the land-only property tax structure. Some 20 towns and cities as well as several boroughs and school districts have implemented this change, including the state capital of Harrisburg. As important as the shift is for municipal governments, it is equally important for school districts (which often levy the highest property tax bills to owners). Edward J. Dodson Common Ground, U.S.A.

I’m Hayes ub3 postcode Proud of this guy 💯💯💯💯💯💯💯💯💯

What I got out of this . . . 0:50 LOBO ! ! Locally owned, Broadly owned.

This Guy is full. of shit. The problem with the USA is that it was taken over by the people that started the Federal Reserve Bank in 1913, the people that own the FED own the government and all the currency. They have enslaved the people of the USA, wake up people!

Great idea. The Mondragon group is well known, a d very successful. Love that it's happening here now too.

This needs to be happening everywhere.

Very disappointed in the decision to sell to another company outside of Ohio.

Nicely done! Glad to see this!

Stupid 9 billion over 16 yrs is 200 million a year You never talk about all the jobs created that you couldn't before Boeing came Corporations get 80 billion yet generate 20 trillion for you ingrates

☀️ p̴r̴o̴m̴o̴s̴m̴

Only read the title so far, but I’ma say Market Socialism. Which is my preferred way to organize and economy.

mắc cười quá chọt lét dùm cái

Kewl. Who is going to implement this? How do you deal with the domination of local gov by the chamber of commerce and real estate developers? Also, what about the neoliberal public management most local govs are governed by? Economic development subsidies going to big box stores? The financialization of local community development?

Bismarck created Staatssozialismus specifically to stop the spread of the social democratic politics at the time and to maintain the power structure which favored aristocracy and wealthy industrialists. There is a very important distinction. Bismarck’s idea was top down, monarchical, undemocratic, and was specifically created to make sure citizens and laborers had no political power. I am left, but I see the current left fall for this delusion. They advocate often for Bismarck style Staatsocialismus. What they should be advocating for is democratic socialism. Ironically the right conservatives are demanding something similar but listen to their pundits who believe it will all be solved by free market private education systems which is just another brainwashing. I can simplify this perspective by using a USA example. Thomas Jefferson advocated for public education WITH elected school boards, so that local citizens would govern their local education system. Thomas Jefferson was advocating for an early type of democratic socialism, where citizens are ACTIVE and have political power rather than passive and have a state or corporation dictate their education. The irony is the whole Jeffersonian democratic education system was corrupted by Woodrow Wilson during WW1. It was also corrupted by Henry Ford models. Wilson actually took the position of the German government state socialism he was waging war against, while accusing German American citizens of being loyal to the Kaiser by teaching German in schools. Wilson then demanded that the federal and state government had the right to dictate how children ought to be educated rather than local school boards. Wilson instituted Americanization. If you want Socialism you should not be advocating for handing the political power over to the state or federal government, you should be advocating for the political power of citizens. en.wikipedia.org/wiki/State_Socialism_(Germany) en.wikipedia.org/wiki/Anti-Socialist_Laws

Does he believe his own BS?

Gar is an excellent teacher . Millions need to hear this .

Total word salad 🥗

Localism = accountability, Federalism = Joke

I think you need to develop a curriculum on the subject. Something this important needs to be taught in as many venues as possible. The proper priorities of a public bank need to be baked into the local community. If the local community don't understand it, they will lose it.

Boris is there to sell off our national treasure the nhs, distraction and lies while he ruins our world, as long as the rich get ever richer he will be kept in place

We’ve read bernies book. Best president USA never had, like UK the rich crushed a fair world for us. Barb

how did you do it can you share with me , thank you

Two Marxist millionaires (Sanders 3 houses, McDonald 2 houses + boat) decrying capitalism. Couldn’t make it up😂

Okay, but #CommunismNOW is BETTER

Are John’s policies still hugely popular

Goes in my CZcams Playlist headed “Hopeful Signs” …

YES!

Who up voted this 💩

ty for uploading. cheers from sweden!

Loved this.

Amazing.

Great presentation! Loved hearing individuals explaining their success stories.

With respect to pandemics, we are talking about an active system, rather than a reactive system. When a virus like covid-19 is identified as high risk somewhere in the world, a vaccine can be started while just a localized spread is identified. It is better to have vaccines in hand we may not need, then to wait until they are needed and not have the time to develop them.

His High Speed Rail comment at 32:45 as it relates to national jobs act was spot on, here we are in March 2021 and still discussing ... czcams.com/video/l0ZTRa4yP-Q/video.html

This hit me hard, so many facts just wish it will get better for everyone..God bless you all.

Then you should’ve gotten insurance. If you don’t have it then get a job. If u can’t afford medicine then you should be more fiscally responsible!

Americans will pay $1000 for a phone, over $300 a month for cable tv but bitch and complain when they have to pay $30 for a flu shot. Americans need to get their spending priorities straight.

I know this is a serious video but it's not every day you find Waldo!! 3:50

in truth the UK cannot afford hardly any of the NHS prescribed medication. IT manages it only by goodwill through massive multi billion pound loans. The NHS can pay up to $150 for a packet of aspirins- you think this is good? I'd prefer Trump negotiating a better deal frankly

Thats what they say just put it on credit. That seems to be the answer these days. Better than just dying, what is worth dying or going in debt? People need medical support, how can we solve this?

No jobs hard for medical care for them bad here in u.s.a