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July 31, 2013

Treason Part 1: Casino Capitalism

By Fred Harrison

Adam Smith branded those who pocketed the nation's rents as "The Public Enemy". But today, governments celebrate the privatisation of the income that we all help to create. The result, reports Fred Harrison in Part 1 of The Treason Trilogy, is a house of cards built on debt. He forecasts the next property boom/bust, and accuses politicians of betraying their duty of care to their people.

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Published on Jul 27, 2013

Adam Smith branded those who pocketed the nation's rents as "The Public Enemy". But today, governments celebrate the privatization of the income that we all help to create. The result, reports Fred Harrison in Part 1 of The Treason Trilogy, is a house of cards built on debt. He forecasts the next property boom/bust, and accuses politicians of betraying their duty of care to their people



Treason Part 2 is here:
click here


Submitters Website: http://www.fredharrison.com/

Submitters Bio:

Fred Harrison is Research Director of the London-based Land Research
Trust. He is a graduate of University College, Oxford, where he read
Politics, Philosophy & Economics. He also studied for the MSc at
Birkbeck College, London (1973-74).


His first book, published in 1983, The Power in the Land, introduced his concept of the eighteen year business cycle based on land value fluctuations.

His activities revolve around three core campaigns:


Truth in Politics


Fred campaigns for honesty in politics. In his forthcoming book, The
Renegade Economist, he exposes the myths and falsehoods espoused by
“experts” who claim to represent the people and the truth.


Truth in Economics


Fred was the only economist to predict the economic crisis of 1992
and the global financial crisis of 2007 – 10 years before they happened.


In 1983, in The Power in the Land, he warned that the global turmoil of 1974 would be followed by the crisis of 1992.


And in 1997, in The Chaos Makers, he warned:


“By 2007 Britain and most of the other industrially
advanced economies will be in the throes of frenzied activity in the
land market…Land prices will be near their 18-year peak… on the verge of
the collapse that will presage the global depression of 2010.


The two events will not be coincidental: the peak in land prices not
merely signalling the looming recession, but being the primary cause of
it.”


Truth in Human Rights


The United Nations champions human rights, but in The Silver Bullet,
Fred warns that the Universal Declaration of Human Rights is fatally
flawed. The clause missing from the Declaration renders the majority
vulnerable to the whims of the privileged élites that dominate society. A
petition
has been launched to amend the Declaration of Human Rights and to
restore our right to a share in Earth and our duty to compensate the
community for what we take.

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