This meeting is a new venture for 21st Century Network – one where members are invited to discuss an idea and critically assess it so that those advocating that idea can develop it with our help. In this case we will be meeting with members of the Professional Land Reform Group and its Chair Dave Wetzel. At this meeting we will be discussing a policy which is designed to address poverty and avoid future economic crises. If we use a share of the economic rent of land to replace or reduce existing harmful taxes, poverty and climate change can be addressed and the boom and bust cycles that have undermined the economy for well over 200 years will be a thing of the past. The meeting will explore the link between the economic rent of the land and finance. If society can find an equitable way for sharing land wealth, communities (at home and overseas) can develop with greater economic justice and more stable finances. Dave Wetzel is CEO of Transforming Communities and is currently Chair of the Professional Land Reform Group. He speaks internationally on transport and land policy matters. President of the Labour Land Campaign (see www.LabourLand.org) Dave is the former Chair of the GLC’s Transport Committee, Leader of the London Borough of Hounslow, and was the first Vice-Chair of Transport for London for eight years with Ken Livingstone as Chair. As land is a free gift of nature, and its value is created by the whole community, is it right that we all share our land wealth? Of course this is a radical shift and this meetup is a chance to participate in a national debate that has already started on the topic. Earlier this year there was a seminar held at the House of Commons, Compass the left-of-centre think-tank has published a housing policy which includes land reform, both the Guardian and the FT have had articles discussing land wealth, in September the Co-operative Party included land reform in their new Manifesto for next year’s general election and Vince Cable announced a new policy for collecting a portion of land wealth on homes costing over £1 million. This is an opportunity for members of the 21st Century Network to participate in this discussion around one idea of addressing poverty, climate change, unemployment, housing and boom & bust.
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