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Strømberg Hansen on the need for a new social system

The climate and financial crises clearly show the need for a new, "legal-democratic" social system, writes Strømberg Hansen, an independent investor and member of the Danish Legal Association: "At the heart of the present system is an unsocial distribution policy. Labour income is heavily taxed, while non-labour income and property ownership are hardly taxed at all. ... The legal-democratic ideology clearly delimits itself from leftist, rightist and centrist policies. ... From a legal-democraic viewpoint, both the economic equality of socialist systems and the aspirations to inequality of liberal systems are irrelevant. The concept of equality is central, however, when it comes to equality before the law and equal opportunities for all regardless of sex, race or religion. ... In the midst of the global economic crisis the question to be asked is: Why? Any answer must take account of the financial bubble engendered by companies. Writing off capital has opened up huge possibilities for creating value without production. That would not be allowed in a legal-democratic social system."

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