The New UK budget presented by the Labour Party (left) on Wednesday 30th October states that from April 2026, bequeathed agricultural assets, which were previously exempt from inheritance tax, would be subjected to a 20% levy if worth more than a million pounds.
Thank you for this very elucidating piece including the comparison to Russia - which other then seeing a mem or two, I never understood the entire dynamics. I don't live in the UK or in the west for that matter, but I have family/friends who do. One of these pointed out to me that when the mega rick (like Blackstone) buy the land, then of course they wouldn't be pay any inheritance tax.
We live a strange time in the west in which the economic elite feast on the fruit of the masses labour by means of ostantatious comsumption while hiding their priviledges of class behind the benevolent mask of woke ideolgie.
That is why companies such as blackrock push so much on the ESG agenda.
Meanwhile, in the US, foreign entities (primarily Canada, but also including national security threats like China) now own at least 43.4 Million acres of US farmland and the foreign owned acreage continues to climb each year. What kind of weird game are we playing when Canada owns US farmland and the US owns British farmland?
I would really prefer, from a national security and legal accountability standpoint, that foreign ownership of food production not be allowed.
Your article is interesting and among the best advocacy for the monarchy and trade guild system I've yet encountered, but I'm afraid I find it preferable only to even more Left wing systems like Communism and Socialism. Having examined the arguments for each system, I remain convinced that a Republic is the least worst political system and Capitalism is the least worst economic system. Government is justified only insofar as necessary and optimal to preserve the rights of individuals and associations only justified insofar as they are strictly voluntary. Monarchial Corporatism appears to me to fail both standards, theoretically and historically.
It is necessary and optimal that sufficient supplies of critical supplies such as subsidence foodstuffs be produced entirely within the jurisdiction of the polity securing its citizen's Right to Life thereby. It is not necessary and rarely optimal that the producers themselves be unionized in any form or fashion.
Well, thanks a lot even if we will disagree on that it appears. I would not call corporatism a unionized system. As per my article, I strongly believe it is the only system that place the means of production in the hands of the producers and ensure quality to the customers.
It also confer freedom to the corporation. As a silly example, during the covid crisis, restaurants for instance were forced to shut by governement legislation. Under a corpotatist system, all the actors of the restaurant/hospitality corporation or guild would have decided themselves either to shut or remain open and face the risk.
We can agree to disagree. I respect and appreciate your polite, well reasoned, and persuasive advocacy here. I don't run into a lot of posters who know what they believe, can clearly articulate it, and handle disagreement with grace. You're the kind of poster I use Quora to encounter, so I can hear other positions in their most persuasive form from people who genuinely believes them. Thank you.
Thank you for this very elucidating piece including the comparison to Russia - which other then seeing a mem or two, I never understood the entire dynamics. I don't live in the UK or in the west for that matter, but I have family/friends who do. One of these pointed out to me that when the mega rick (like Blackstone) buy the land, then of course they wouldn't be pay any inheritance tax.
Thanks a lot for your comment.
We live a strange time in the west in which the economic elite feast on the fruit of the masses labour by means of ostantatious comsumption while hiding their priviledges of class behind the benevolent mask of woke ideolgie.
That is why companies such as blackrock push so much on the ESG agenda.
Meanwhile, in the US, foreign entities (primarily Canada, but also including national security threats like China) now own at least 43.4 Million acres of US farmland and the foreign owned acreage continues to climb each year. What kind of weird game are we playing when Canada owns US farmland and the US owns British farmland?
I would really prefer, from a national security and legal accountability standpoint, that foreign ownership of food production not be allowed.
Foreign ownership of any means of production should not be allowed. That does not mean the state should control those.
We should allow people to control and ownl their means of production and only one system succesfully achieved that: (medieval) corporatism:
https://dupontlajoie.substack.com/p/corporatism-the-third-way
Your article is interesting and among the best advocacy for the monarchy and trade guild system I've yet encountered, but I'm afraid I find it preferable only to even more Left wing systems like Communism and Socialism. Having examined the arguments for each system, I remain convinced that a Republic is the least worst political system and Capitalism is the least worst economic system. Government is justified only insofar as necessary and optimal to preserve the rights of individuals and associations only justified insofar as they are strictly voluntary. Monarchial Corporatism appears to me to fail both standards, theoretically and historically.
It is necessary and optimal that sufficient supplies of critical supplies such as subsidence foodstuffs be produced entirely within the jurisdiction of the polity securing its citizen's Right to Life thereby. It is not necessary and rarely optimal that the producers themselves be unionized in any form or fashion.
Well, thanks a lot even if we will disagree on that it appears. I would not call corporatism a unionized system. As per my article, I strongly believe it is the only system that place the means of production in the hands of the producers and ensure quality to the customers.
It also confer freedom to the corporation. As a silly example, during the covid crisis, restaurants for instance were forced to shut by governement legislation. Under a corpotatist system, all the actors of the restaurant/hospitality corporation or guild would have decided themselves either to shut or remain open and face the risk.
We can agree to disagree. I respect and appreciate your polite, well reasoned, and persuasive advocacy here. I don't run into a lot of posters who know what they believe, can clearly articulate it, and handle disagreement with grace. You're the kind of poster I use Quora to encounter, so I can hear other positions in their most persuasive form from people who genuinely believes them. Thank you.