Progress and Poverty, Volumes I and II: An Inquiry into the Cause of Industrial Depressions and of Increase of Want with Increase of WealthGeorge, Henry
General
Progress and Poverty, Volumes I and II: An Inquiry into the Cause of Industrial Depressions and of Increase of Want with Increase of Wealth
George, Henry
Economics; Single tax
The manner in which increasing population advances rent, as explained
and illustrated in current treatises, is that the increased demand
for subsistence forces production to inferior soil or to inferior
productive points. Thus, if, with a given population, the margin of
cultivation is at 30, all lands of productive power over 30 will pay
rent. If the population be doubled, an additional supply is required,
which cannot be obtained without an extension of cultivation that will
cause lands to yield rent that before yielded none. If the extension
be to 20, then all the land between 20 and 30 will yield rent and
have a value, and all land over 30 will yield increased rent and have
increased value.
It is here that the Malthusian doctrine receives from the current
elucidations of the theory of rent the support of which I spoke when
enumerating the causes that have combined to give that doctrine an
almost undisputed sway in current thought. According to the Malthusian
theory, the pressure of population against subsistence becomes
progressively harder as population increases, and although two hands
come into the world with every new mouth, it becomes, to use the
language of John Stuart Mill, harder and harder for the new hands to
supply the new mouths. According to Ricardo’s theory of rent, rent
arises from the difference in productiveness of the lands in use, and
as explained by Ricardo and the economists who have followed him, the
advance in rents which, experience shows, accompanies increasing
population, is caused by the inability of procuring more food except
at a greater cost, which thus forces the margin of population to lower
and lower points of production, commensurately increasing rent. Thus
the two theories, as I have before explained, are made to harmonize
and blend, the law of rent becoming but a special application of the
more general law propounded by Malthus, and the advance of rents with
increasing population a demonstration of its resistless operation. I
refer to this incidentally, because it now lies in our way to see the
misapprehension which has enlisted the doctrine of rent in the support
of a theory to which it in reality gives no countenance. The Malthusian
theory has been already disposed of, and the cumulative disproof which
will prevent the recurrence of a lingering doubt will be given when it
is shown, further on, that the phenomena attributed to the pressure
of population against subsistence would, under existing conditions,
manifest themselves were population to remain stationary.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account