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Re: Local Currency Article



In other words, you suggest the ownership group should support ideas that
perpetuate the wealth gap, rather than focusing on ideas that will close
that gap.  Popularity and justice do not necessarily coincide.  Any time
wasted on discussion of the Tobin tax could be used more constructively
discussing Capital Homesteading and how to make it more popular than the
Tobin tax.

Norm Kurland

David Spitzley wrote:

> >>> thirdway@cesj.org 12/10/02 11:24AM >>>
> Why assume that the Tobin Tax is a good idea?  If an informed society
> can create money for sustainable growth linked to broad-based ownership,
> why add friction to that process?
> ---------------------------------------------------
>
> Because at the moment Tobin Taxes are much better known than the Fed
> proposal, and is probably a bit closer to being implementable, and
> taking a positive step which may eventually become obsolete is
> preferrable to standing in place.
>
> David
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