Protective Tariffs 24. Taxation Must be Abolished 30. Artificial Wage Fixing 25. Economic Recovery 26. Free of all taxation.
All wealth arises from labour, applied directly or indirectly to land, aided by the use of capital.
Land is the source of all wealth, but land itself is not wealth until labour is applied to extract, modify, change the form or location of natural resources in order to satisfy human desires. This we call production and exchange. In a disorderly society land may be exchanged for wealth, which is a breach of trust, and causes land to be confused with wealth. The rental value of land arises when people congregate in closely settled communities, to promote specialised production and exchanges in order to increase living standards, from the presence and activity of all the people collectively, and from the functions of government which are necessary to provide communications and reticulated services, etc. Near the window by which I write, a great bull is tethered by a ring in his nose.