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Article #2713

Re: Theories of underdevelopment

#2713
From: royls
Date: Sun, 31 Oct 2004 17:44
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On 31 Oct 2004 05:17:28 -0800, fbonsignore@beethoven.com (Fabrizio J.
Bonsignore) wrote:

>royls@telus.net wrote in message news:<41842a6e.27533099@news.telus.net>...
>> On 30 Oct 2004 10:08:57 -0700, fbonsignore@beethoven.com (Fabrizio J.
>> Bonsignore) wrote:
>> 
>> >Latinamerican countries follow all 'recipes' of academia and yet fail
>> >to achieve sustained development. Could it be that people actually
>> >*behave* differently from the way people behave in countries that have
>> >achieved development?
>> 
>> I've already explained the solution to you.  Recover land rent for the
>> purposes of the public that creates it.  Problem solved.  Do you think
>> Latin American countries should be as rich as the USA, Japan, Taiwan,
>> HK, Singapore, England, Denmark and Canada?  All of those countries
>> have achieved spectacular economic growth and prosperity by recovering
>> a substantial fraction of publicly created land value for public
>> purposes.  No Latin American country has done so except Cuba, which is
>> an economic failure mainly because it also appropriates privately
>> created value for public (actually, of course, Castro's) purposes.
>> 
>How exactly?

??  How what?  Recover the land rent?  Just let the land to the
highest bidder, same as a private landlord.

-- Roy L
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From: royls@telus.net
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Subject: Re: Theories of underdevelopment
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