The IU - Principles

Principles

The objectives of the IU are "to stimulate in all countries a public opinion favourable to permanent peace and prosperity for all people, through the progressive removal of the basic economic causes of poverty and war". The IU's work is guided by principles of equal freedom and sharing of common resources of community and nature - ideas most cogently set out in modern times in the writings of 19th century American reformer Henry George. Specifically, towards the realisation of its objectives, the IU "favours the raising of public revenues by public collection of the rental value of land apart from improvements"; and, further, favours "the abolition of taxes, tariffs, or imposts of every sort that interfere with the free production and exchange of wealth". Following from those principles the IU advances a radical land and fiscal reform agenda and 'real' free trade (i.e. that does not privilege Western corporate interests). The principal policies advocated by the IU are the public collection of 'resource rents' and land value taxation, in lieu of traditional taxation.