New Zealand's economic system should encourage work and reward enterprise. With our recent reputation as one of the world’s top performing economies, why hasn’t such progress delivered benefits to all?
To appreciate this we need a better understanding of the economic foundations.
This can be done by studying a system of Resource Rentals. Those who benefit from the use of community resources, particularly natural resources, should be required to pay something back to the community for this privilege. It is a simple but far-reaching change - stop punishing labour with taxes and start collecting the rental value of land.