Distributive Justice: The Right and Wrong of Our Present Distribution of WealthRyan, John A. (John Augustine)
PhilosophyChristian
Distributive Justice: The Right and Wrong of Our Present Distribution of Wealth
Ryan, John A. (John Augustine)
Economic history; Income distribution -- Moral and ethical aspects; Wealth -- Religious aspects
In economic and social discussion the word reform is commonly opposed
to the word revolution. It implies modification rather than abolition,
gradual rather than violent change. Hence reforms of the system of
land tenure do not include such radical proposals as those of land
nationalisation or the Single Tax. On the other hand, some extension
of State ownership of land, and some increase in the proportion of
taxes imposed upon land, may quite properly be placed under the head
of reform, inasmuch as they are changes in rather than a destruction
of the existing system.
In general, the reform measures needed are such as will meet the
defects described in the last chapter; namely, monopoly, excessive
gains, and exclusion from the land. Obviously they can be provided
only by legislation; and they may all be included under two heads,
ownership and taxation.
By far the greater part of the more valuable lands of the country are
no longer under the ownership of the State. Urban land is practically
all in the hands of private proprietors. While many millions of acres
of land suitable for agriculture are still under public ownership,
almost all of this area requires a considerable outlay for irrigation,
clearing, and draining before it can become productive. Forty years
ago, three-fourths of the timber now standing was public property; at
present about four-fifths of it is owned by private persons or
corporations.[84] The bulk of our mineral deposits, coal, copper,
gold, silver, etc., have likewise fallen under private ownership, with
the exception of those of Alaska. The undeveloped water power
remaining under government ownership has been roughly estimated at
fourteen million horse power in the national forests, and considerably
less than that amount in other parts of the public domain.[85] This is
a gratifying proportion of the whole supply, developed and
undeveloped, of this national resource, which is said to be somewhere
between 27 and 60 millions horse power.[86] Only about seven million
horse power has yet been developed, almost all of which is privately
owned.
_The Leasing System_
Public-domain text, read in full here on John Shaqi.
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