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From its beginnings in London to its worldwide
enrollment—including affiliated schools in Europe, North and
South America, South Africa, and Australasia—this account
examines the history and growth of the School of Economic Science.
Based on the economic theories of the American social reformer and
economist Henry George and the land tax campaigns led by Andrew
MacLaren, the school’s philosophy has adapted over the course of
eight decades. Influenced by spiritual leader George Gurdjieff,
philosopher Peter Ouspensky, and Indian sage Sri Shantananda
Saraswati, to name a few, the institution has attracted hundreds of
thousands of students, but it has also endured criticism and
controversy. Objectively, this record explains why supporters of
the School of Economic Science hold it in such high regard.
This engaging poem depicts Winston Churchill as a hero, in
traditional epic style and echoes the works of Homer and Virgil.
The metre adds an emotional intensity to the events of 20th century
history more usually found within Classical literature. The
narrative covers the period from 1940, when Great Britain faced
perhaps the greatest threat to its very existence as an independent
nation: invasion and defeat by the rampant forces of Nazi Germany,
to 1941 when the United States entered the war after the bombing of
Pearl Harbor. In this acute crisis King George VI appointed a man
whose reputation and earlier political success were questioned by
many influential figures. Yet public opinion and some wiser men and
women of substance, such as Lord Halifax, the alternative choice as
Prime Minister at the time, determined the outcome. Their choice
was thoroughly vindicated by the events that followed. His courage,
boldness, rhetoric and inspiration united the country in its
solitary stand against the might of the Luftwaffe and the potential
landing of the dreaded Wehrmacht on British soil. Under his
leadership the Royal Air Force defeated the Luftwaffe's attack,
foiling Hitler's plans to invade England to the extent that he
began to think instead of attacking his apparent ally, the Soviet
Union, and to leave Britain to wither alone. Churchill knew that
that he had only won a respite, but he set about to strengthen the
country and to turn it from defence to aggression. The bomber force
was developed, the army enlarged and re-equipped, the navy set to
the task of eliminating German surface marauders and submarines.
The population at large were motivated to make a supreme effort to
resist the still extant threat to their whole way of life. Until
Hitler attacked Russia, Britain stood alone, confronting a Europe
largely controlled by the Nazis and their allies. To Stalin he
offered full support: Hitler was the immediate threat to a
civilised world. Only when the Japanese attack on Pearl Harbor
brought the USA into the war, did he realise that Germany - and
Japan - were sure to be defeated. He had led the British people
from the brink of utter disaster to the expectation of victory.
Presenting a radical revision of modern economic theory, this
analysis adjusts the entire range of economic thought in relation
to the fundamental part played by land, the significance of
credit—especially in the banking system—and the crucial impact
of the taxation method. The resulting system based upon natural
law, economic security for all, fair distribution of output, and
the opportunity for self-fulfillment through work draws upon the
masters of economic thought—from Smith and Ricardo to Marshall,
Schumpter, and Keynes—but also provides new insights by
highlighting concepts often omitted from current studies of their
works.
Why are so many trapped in poverty, when others are grossly
well-off? Why are house prices continuously rising faster than
inflation? Why do people so often find themselves in jobs that give
them little sense of fulfilment? Why is a multi-national coffee
shop franchise not actually making its money from coffee. These
questions have confronted the UK economy for decades without
resolution by governments of the right or left. It is the failure
of economics, the author argues. Economists have long asserted that
three factors of production, land, labour and capital, lie at the
root of their subject. Yet in the development of the subject into
theories and practical applications there has been a thorough
analysis of labour and capital but a grievous omission of the
factor of land. This is reflected in the minimal place it holds in
modern textbooks, in popular discussion and political debate. Much
of the argument about major issues, like industrial policy, the
distribution of wealth and income and government policy reverts to
a polarised struggle between two antagonists, labour and capital.
The third factor, land, hides in the background unacknowledged yet
exerting a major influence on the outcome of the whole economic
process. What needs to change, the author argues, are deeply
embedded features, which have generally been established for a very
long time. They are principally the taxation system, the land
tenure system, and the banking system. Review copies and media
publicity is being sought as the subject matter of the book is very
topical - the general recognition that the system isn't working for
all.
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