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portada Progress and Poverty: An Inquiry Into the Cause of Industrial Depressions and of Increase of Want With Increase of Wealth; The Remedy
Type
Physical Book
Publisher
Author
Year
2018
Language
English
Pages
290
Format
Paperback
ISBN13
9781387997862
Categories

Progress and Poverty: An Inquiry Into the Cause of Industrial Depressions and of Increase of Want With Increase of Wealth; The Remedy

Henry George (Author) · Lulu.Com · Paperback

Progress and Poverty: An Inquiry Into the Cause of Industrial Depressions and of Increase of Want With Increase of Wealth; The Remedy - Henry George

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Synopsis "Progress and Poverty: An Inquiry Into the Cause of Industrial Depressions and of Increase of Want With Increase of Wealth; The Remedy "

In Progress and Poverty, economist Henry George scrutinizes the connection between population growth and distribution of wealth in the economy of the late nineteenth century. The initial portions of the book are occupied with refuting the demographic theories of Thomas Malthus, who asserted that the vast abundance of goods generated by an economy's growth was spent on food. Consequently the population rises, keeping living standards low, poverty widespread, and starvation and disease common. Henry George had a different attitude: that poverty could be solved and economic progress preserved. To prove this, he draws upon decades of data which show that the increase in land prices restrains the amount of production on said land; business owners thus have less to pay their workers, with the result being mass poverty especially within cities.

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