Skip to main content

Posts

The Purpose of War

Wars are how a nation chooses how people die during peace time. Following show how many people die from various causes, globally and annually: 2-6 million - Government and tax death toll  1.25 million - Road traffic accidents  100-400 thousand - Wars 65 million All cause deaths annually and globally So wars are what all nations use to decide how the winning nation chooses how people live and die during peace time. The reason War gets so much publicity is because people are tribal and obedient to the tribe above all else . That is all. So we care far more about tribal obedience than we do about more important things.  In the meantime, millions die in far far far larger numbers than war. This is the outcome of the tribal obedience which all people live by. We care more about our tribal narrative and ensuring everyone obeys it, than we do about the major causes of death.

The Location Value Covenant & Mortgages

This is a follow on post from the initial one on LVC's in general. Location Value Covenants (LVCs) can replace a traditional mortgage by serving as a functionally similar financial mechanism for funding property acquisition or refinancing, but with fundamentally different economic effects and beneficiaries. The core idea, promoted by Robin Smith and the late Adrian Wrigley through the Systemic Fiscal Reform Group, is to shift the capture of location-based economic rent (the unearned value from land's site advantages, public infrastructure, community, etc.) from private lenders (banks) to the public sector, while providing homeowners with stable, affordable access to property without interest-bearing debt. How an LVC Replaces a Mortgage Voluntary Opt-In Process A homeowner (or prospective buyer) agrees to enter into an LVC attached to the land title as a binding covenant. In exchange, the government (or local authority) provides funding equivalent to the property's purch...

The Location Value Covenant

Gleaned from Grok Location Value Covenants (LVCs) are a policy proposal for capturing the economic rent from land (the unearned value arising from location, community infrastructure, public services, and natural advantages) for public revenue purposes, but in a voluntary, market-friendly way rather than through compulsory taxation. The idea was developed around 2007 (and earlier discussions) by the late Dr. Adrian Wrigley and Robin Smith, associated with the Systemic Fiscal Reform Group (SFR Group), a Cambridge-based UK think tank. Robin Smith, from North Stoke, Oxfordshire, has continued promoting it through blogs, comments on economic forums, and policy discussions. Core Concept An LVC is a voluntary covenant (a binding legal agreement attached to the land title, similar to a restrictive covenant or mortgage condition) where a landowner opts in to pay an annual fee based on the location value of their land. This fee—essentially a share of the site's economic rent—is paid to t...