Steady state economy – jobs for a postgrowth economy

The Steady State The Steady State EconomyEconomy

The Steady State The Steady State EconomyEconomy

How to get jobs, leisure and innovation How to get jobs, leisure and innovation

in a post-fossil fuel economyin a post-fossil fuel economyHow to get jobs, leisure and innovation How to get jobs, leisure and innovation

in a post-fossil fuel economyin a post-fossil fuel economy

The Values Party

Founded in 1972 in New Zealand, the world’s first environmental party talked about “near-zero GDP growth”.

Green Party from 1990.

Environment has deteriorated and wealth disparity has widened in the 41 years since the Values Party.

Global connectedness now

A world in crisis

Have we stretched things to the limit?

15

It’s catchy

10

After a certain level of wealth, people don’t get any happier. The widening gap between

rich and the rest hurts all.

(Inequality A New Zealand Crisis ed Max Rashbrooke)

Poverty in New Zealand

economysecurity

A tax system to suit the banks

banks

government

the peoplehouses and other

improvements

landtax labour, sales,

and enterprise

no land tax you tax labour

loans

valueexpressedin interest

bearing debt

laws

less

pu

rch

asi

ng

p

ow

er

tax

paym

en

ts

As landowners gain from rising land prices, wealth is concentrated with landowners and banks.

Each site is given value by...

Site

Government

Local Businesses

Local Government Social

Organisations

Nature

Politicians decide tax, money and welfare

systems

A money system to suit the banks

When banks create money as interest bearing debt

Competitiveness

Growing debt

Wealth concentratio

nInstability

Growth imperative which leads to

habitat destruction

Private money printing

Nathan RothschildNathan Rothschild

““I care not who issues the I care not who issues the laws....”laws....”

Goldman Sachs rules the Goldman Sachs rules the worldworld

Goldman Sachs rules the Goldman Sachs rules the worldworld

The old economy is dead

Text

It’s munted

We mighthave to

start again!

It’s munted!

Reliance on GDPgrowth

53

A glimpse of hope

A good currency circulates like blood

Currency Reform can Currency Reform can bringbring

Currency Reform can Currency Reform can bringbring

Investment in Investment in InnovationInnovation

Investment in Investment in InnovationInnovation

Now that it costs so Now that it costs so much more to much more to

extract one barrel of extract one barrel of oil, we need new oil, we need new

knowledgeknowledge

Reclaiming the Reclaiming the CommonsCommons

Reclaiming the Reclaiming the CommonsCommons

Land and money are Siamese twins

Tax ReformTax ReformTax ReformTax Reform

English Folk poem English Folk poem 17641764

English Folk poem English Folk poem 17641764

They hang the man and flog the They hang the man and flog the womanwomanThat steal the goose from off the That steal the goose from off the commoncommonBut let the greater villain looseBut let the greater villain looseThat steals the common from the That steals the common from the goosegoose

Unearned IncomeUnearned Income

Queen Elizabeth has an

estimated personal net worth

of US$500 million that comes

from property holdings

(Forbes Magazine 2011).

The former CFO of

McDonald's CFO, Harry J.

Sonneborn is often quoted as

having said - "We are not

basically in the food

business. We are in the real

estate business."

Tradeable Tax Credits Tradeable Tax Credits Tradeable Tax Credits Tradeable Tax Credits

Then share this Then share this revenue!revenue!

Then share this Then share this revenue!revenue!

Design the Tradeable Tax Design the Tradeable Tax CreditsCredits

Design the Tradeable Tax Design the Tradeable Tax CreditsCredits

When the land rates are When the land rates are paidpaid

When the land rates are When the land rates are paidpaid

How would you How would you spend it?spend it?

How would you How would you spend it?spend it?

Overseas Overseas trip?trip? New New

property?property?

This is a golden This is a golden goosegoose

This is a golden This is a golden goosegoose

Whoa. I have just Whoa. I have just realised I can turn realised I can turn

this into an ongoing this into an ongoing revenue stream!revenue stream!

Why would I opt in?Why would I opt in?Why would I opt in?Why would I opt in?

What will be the What will be the result?result?

What will be the What will be the result?result?

Spending is Spending is investinginvesting

Spending is Spending is investinginvesting

Home improvementHome improvementHome improvementHome improvement

Can we use Can we use products madeproducts made

in New Zealand?in New Zealand?

But some new businesses But some new businesses might spoil the might spoil the environment environment

But some new businesses But some new businesses might spoil the might spoil the environment environment

Resource taxesResource taxesResource taxesResource taxes

Fully tradeableFully tradeableFully tradeableFully tradeable

How big will land rates How big will land rates be?be?

How big will land rates How big will land rates be?be?

What have you done What have you done here?here?

What have you done What have you done here?here?

Benefits of Citizens Benefits of Citizens DividendDividend

Benefits of Citizens Benefits of Citizens DividendDividend

What is the effect on What is the effect on prices?prices?

What is the effect on What is the effect on prices?prices?

What is the effect on What is the effect on wages?wages?

What is the effect on What is the effect on wages?wages?

Leasehold houses are very Leasehold houses are very much cheapermuch cheaper

Leasehold houses are very Leasehold houses are very much cheapermuch cheaper

But the lease might But the lease might rise!rise!

But the lease might But the lease might rise!rise!

Higher wages + lower prices = Higher wages + lower prices = greater affordabilitygreater affordability

Higher wages + lower prices = Higher wages + lower prices = greater affordabilitygreater affordability

Why have you done Why have you done it?it?

Why have you done Why have you done it?it?

But there is no But there is no saving!saving!

But there is no But there is no saving!saving!

Investment is saving and Investment is saving and

saving is investment.saving is investment.

What about Maori What about Maori land?land?

What about Maori What about Maori land?land?

Are there notes and Are there notes and coins?coins?

Are there notes and Are there notes and coins?coins?

Who is going to opt Who is going to opt in?in?

Who is going to opt Who is going to opt in?in?

The banks won’t like The banks won’t like itit

The banks won’t like The banks won’t like itit

Fundamental monetary Fundamental monetary reformreform

Fundamental monetary Fundamental monetary reformreform

BenefitsBenefitsBenefitsBenefits

Benefits for Benefits for GovernmentGovernmentBenefits for Benefits for GovernmentGovernment

Less tax Less tax

evasionevasion Admin CostsAdmin Costs

A climate bonusA climate bonusA climate bonusA climate bonus

Please join us!Please join us!Please join us!Please join us!