Parliamentary Inquiry into Media Diversity - Personal Submission
Senator Hanson-Young recently posted a tweet about the Parliamentary Inquiry into Media Diversity currently happening in Australia, part of a growing movement to improve the dismal state of Australian media concentration.
Rent Based Transitory Ownership - A Blueprint For Just Rent
As income inequality increases, one mechanism for the movement of wealth from the general population to an increasingly insular property-owning class is through rent of residential property. While it cannot be said that landlords do not have some responsibilities to their tenants in most countries, the power relationship between landlord and tenant remains unbalanced. It is solely the landlord who decides if a lease should remain or expire, regardless of how many years the tenant has spent in the home. The tenants labor in maintaining and protecting the home is unrewarded, and we must rely on punitive incentives such as bonds to encourage responsible tenancy.
Many Marxists espouse the necessity of eliminating this form of rent-seeking private property, but few propose tangible ideas that could replace them beyond vague statements about government-run allocation programs. We reject this as being excessively rooted in bureaucracy, inefficient in allocation and overly centralised. Land allocation is fundamentally unsuitable to central control, due to its heterogeneous properties. Simply put, every piece of land is distinct from every other, and so determining the real value requires an enormous amount of information. A centralized system simply cannot compete with an emergent market in terms of this ability to gather large amounts of contextual information.