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Loading... Progress and Poverty (1879)by Henry George
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Sign up for LibraryThing to find out whether you'll like this book. No current Talk conversations about this book. An incredibly well-written book. Although I disagree with the author's conclusions, and Marx himself found them laughable, Henry George is a fantastic writer and his arguments against Malthus are an important read. ( ) Interesting ideas. Sometimes pompous-sounding exposition. Summary: Rent = income from the use of land; comes at the expense of wages but is not itself productive. Community concentration of labour makes rents increase, which reduces wages ultimately to rock-bottom slavery levels. Therefore tax rent to a large degree to give money back to the community; reduce all other taxes and watch productivity and wages soar, poverty and land speculation end, good government return, civilisation wax instead of wane. George's ideas have relevance today and have never been fully implemented. Income taxes are only a century old but we regard them as the bedrock of taxation. What if there were another way? Henry George believed that private monopoly ownership of land is an evil which causes poverty and inequality, and ultimately the downfall of civilisation. Before our modern day troubles began Henry George looked at the poor to see why they were poor, why industrialization kept them down, why trickle down economics would never work. Coining the phrase "Conspicuous Consumption" as the fire for industrialization and the death nell for democracy. A must read. After you read this Read Naomi Kleins Shock Doctrine or vice versa no reviews | add a review
First published in 1879, "Progress and Poverty" is the ground-breaking treatise on the relationship between industrialization and poverty by Henry George, the American social theorist and economist. A huge commercial success when it was published and one of the books in America in the late 19th century, George's work had a profound influence on economists, politicians, and social reformers all over the world. In "Progress and Poverty", George attempted to understand why the technical and economic progress of the Industrial Age was so often accompanied by increases in poverty and human suffering. These "boom and bust" cycles in the economy had devastating impacts on countless numbers of people and George sought to find better solutions to these pressing problems. The solution that he proposed was radical at the time: a tax on land so that the value of private property could protect the most vulnerable from the fluctuations in the larger economy. Many of his ideas were instrumental to a new progressive social movement and have been adopted by several countries in the century since his work was first published. No library descriptions found. |
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