Preview: who owns the world?

Today we have two kinds of feudal state.

This week's New Statesman cover is devoted to the second instalment of Kevin Cahill's special investigation into land ownership.

Cahill casts his net wider this time. From the Queen of England to the Kidmans of Australia, from King Abdullah of Saudi Arabia to the media tycoon Ted Turner, the piece reveals the globe's biggest landowners.

The largest landowners on earth (New Statesman)

As this extract from the piece explains:

Today we have two kinds of feudal state: the inherited state, usually with a monarch at its head, such as the UK; and the state that claims ownership of all land and is feudal in its conception and often totalitarian, such as China. But the core surviving feudal structure in the modern world is inherited, transnational and covers many countries. It has no formal name. It is, in fact, the British crown and its wearer, Elizabeth II. Her legal title runs thus: "by the Grace of God, of the United Kingdom of Great Britain and Northern Ireland and of Her other Realms and Territories Queen, Head of the Commonwealth, Defender of the Faith".

This constitutional statement includes some vast territories where the Queen is quite separately the sovereign head of state and legal owner. First among these is Australia, which, if its Antarctic territories are included, is the second-largest country on earth. And the Queen, in effect, owns it. She also owns the third-largest country, Canada.

When the Queen's territories are added together, the Russian Federation ceases to be the largest single political entity on earth. Like the Queen's realms, the Russian Federation is dramatically underpopulated and immensely rich in mineral wealth of all kinds.

The issue is out now. You can subscribe here.

Jon Bernstein, former deputy editor of New Statesman, is a digital strategist and editor. He tweets @Jon_Bernstein. 

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How Theresa May laid a trap for herself on the immigration target

When Home Secretary, she insisted on keeping foreign students in the figures – causing a headache for herself today.

When Home Secretary, Theresa May insisted that foreign students should continue to be counted in the overall immigration figures. Some cabinet colleagues, including then Business Secretary Vince Cable and Chancellor George Osborne wanted to reverse this. It was economically illiterate. Current ministers, like the Foreign Secretary Boris Johnson, Chancellor Philip Hammond and Home Secretary Amber Rudd, also want foreign students exempted from the total.

David Cameron’s government aimed to cut immigration figures – including overseas students in that aim meant trying to limit one of the UK’s crucial financial resources. They are worth £25bn to the UK economy, and their fees make up 14 per cent of total university income. And the impact is not just financial – welcoming foreign students is diplomatically and culturally key to Britain’s reputation and its relationship with the rest of the world too. Even more important now Brexit is on its way.

But they stayed in the figures – a situation that, along with counterproductive visa restrictions also introduced by May’s old department, put a lot of foreign students off studying here. For example, there has been a 44 per cent decrease in the number of Indian students coming to Britain to study in the last five years.

Now May’s stubbornness on the migration figures appears to have caught up with her. The Times has revealed that the Prime Minister is ready to “soften her longstanding opposition to taking foreign students out of immigration totals”. It reports that she will offer to change the way the numbers are calculated.

Why the u-turn? No 10 says the concession is to ensure the Higher and Research Bill, key university legislation, can pass due to a Lords amendment urging the government not to count students as “long-term migrants” for “public policy purposes”.

But it will also be a factor in May’s manifesto pledge (and continuation of Cameron’s promise) to cut immigration to the “tens of thousands”. Until today, ministers had been unclear about whether this would be in the manifesto.

Now her u-turn on student figures is being seized upon by opposition parties as “massaging” the migration figures to meet her target. An accusation for which May only has herself, and her steadfast politicising of immigration, to blame.

Anoosh Chakelian is senior writer at the New Statesman.

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