mer O’Siochru is a qualified architect and valuation surveyor. She was a founder of Feasta and served on its executive committee for many years. She is director of EOS Future Design which designs and develops sustainable systems and settlements. She also manages the Feasta-led Smart Tax Network which is funded by the Department of the Environment, Heritage and Local Government to develop tax policies in areas related to the environment. She lives in Dublin.Emer has written 49 articles so far, you can find them below.
About Emer O'Siochru
Even with a Site Value Tax covering developed land and a Land Value Tax covering all the rest, access to land is important. The taxes recognise land as a commons shared by all but resilience requires that its use is widely spread amongst the population. Distributed landownership is needed to protect against large landowners lobbying to remove the LVT and also to spread the knowledge of carbon building, biodiversity protecting, sustainable food growing methods amongst the widest groups of people. Here is an interesting article in shareable.net about emerging land share systems in the US and UK.
L Randall Wray writing in New Economic Perspectives. The answer to the question is YES.
What would happen if, instead of the European Central Bank providing liquidity to private banks in order to ward off financial collapse, it provided funding to mobilise a green workforce to tackle urgent environmental challenges? The salaries would effectively transfuse local economies and the scheme has precedence in the Common Agricutural Policy which already pays farmers to protect the environment. This Irish adaptation of the Job Guarantee developed by Modern Monetary theorists in the US is proposed by Emer O'Siochru in an article on the Smart Taxes Network website.
As a comparison, Irish farmland prices were €8,647 per acre or $12, 774 per acre in 2010 calculated by the Irish Farmers Journal. Only 41,339 acres or 881 farms were put on the market in 2010;- typical very low annual sales. So Irish farmland sale price is approximately 30% higher than the highest [...]
The great and the good are lining up to support land value taxation as part of a general tax shift onto the use of all natural resources and off 'value added'. Herman Daly, writing in the Daly News in Steady State Economy, highly respected in the Green movement lends his considerable weight to the cause crediting the US 19th century economist Henry George. Let us see if his intervention will help persuade Environmental NGO doubters in our Ireland-of-the-land-hungry.
Dr Stephanie Kelton has laid it out, nice and simple in two articles in New Economic Perspectives (links below) for those who really want to know, how government fiscal policies work in a real as opposed the idealised neo-liberal economy. It is not the way most commentators and politicians seem to think it does.