Log in

View Full Version : Dear Mr English, I don't want a tax cut



Pages : 1 2 [3]

mashman
9th June 2010, 09:27
Only it doesn't happen that way. To get a competent farmer to farm the land the investor is forced to pay a high wage. If he deliberately trashes the land (and I'm not sure how) then he's destroyed the value in his investment. Loss all around.

Again how the investor fills the stream with waste in this day and age of nosey neighbours and Environment Councils is hard to conceive. But lets say he does, he'll face fines, and the stream and the land will recover.

Its simply bad business to destroy the primary asset - and investors do not deliberately do that.

I'll give you an example: Saudi investors have established a huge market garden in an Ethiopian valley and the produce is shipped to Saudi Arabia. This provides work and the opportunity to learn new skills for the Ethiopians who are among the poorest people in the world.

There is such a thing as ignorance though (even amongst the high paid know alls that don't actually know anywhere near as much as they think)... whilst the CURRENT farmer may well be good at what he does, there will have, ok may have been phosphate fertilizers used on the land by previous, unknowing farmers... Perhaps it wasn't known that the phosphate could find their way into the waterways back in the day? However, if the current owner was to blame (and it could be proven), i bet there'd be plenty of fines being handed out and clear up projects under way (if the money was available)... It's another can of worms that noone wants to open... primarily because it would COST someone to clean it up...


Its simply bad business to destroy the primary asset - and investors do not deliberately do that. Perhaps you might like to tell that to the corporations and world leaders... ya know, that they're fucking up the primary asset... You have looked around recently haven't you? The world is run by bad investors, who give neither a shit about their people or their environment...