Progress and Poverty Henry George Socialism Economics Book

Description: Progress and Poverty: An Inquiry into the Cause of Industrial Depressions and of Increase of Want with Increase of Wealth: The Remedy by Henry George. Robert Schalkenbach Foundation, New York,1966. 599 page hardcover in good condition with lightly chipped edges on jacket - no interior markings or other glaring flaws. This classic work is an enquiry into the cause of industrial depressions and the persistence of poverty amid advancing wealth. Published in 1879, it was admired and advocated by great minds such as Albert Einstein, Winston Churchill, Leo Tolstoy and Sun Yat-sen in China. Henry George lived through a period of American history which witnessed the closing of the frontier, and he noticed the dramatic deterioration in the condition of labour once that happened. While land was freely available wages were high, once it was enclosed wages fell. Adam Smith appears not to have appreciated the full consequences of this, but he was writing before their full horror became evident in the form of landless peasants crowding into city slums, seeking work in "satanic mills" at minimum wages. Henry George, observing similar events in America (he was a journalist), saw the connection between land enclosure and poverty and unemployment. He also realized that the harmful effects could be rectified, without confiscating the land, through a change in the tax system and allowing market forces to work. This classic offers an alternative ethical and practical guide at a time when the collapse of the Marxist/Socialist experiment and the deep recession in the West leave many seeking fresh inspiration. $4.85 domestic U.S. shipping. Payment must be received within 24 hours of sale.

Price: 22.99 USD

Location: Las Cruces, New Mexico

End Time: 2024-12-10T14:54:01.000Z

Shipping Cost: 4.85 USD