Progress and Poverty, Volumes I and II: An Inquiry into the Cause of Industrial Depressions and of Increase of Want with Increase of Wealth — John Shaqi
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
What causes this advance of rent is the next question that arises,
and it necessitates an examination of the effect of material progress
upon the distribution of wealth. Separating the factors of material
progress into increase of population and improvements in the arts,
it is first seen that increase in population tends constantly, not
merely by reducing the margin of cultivation, but by localizing the
economies and powers which come with increased population, to increase
the proportion of the aggregate produce which is taken in rent, and to
reduce that which goes as wages and interest. Then eliminating increase
of population, it is seen that improvement in the methods and powers of
production tends in the same direction, and, land being held as private
property, would produce in a stationary population all the effects
attributed by the Malthusian doctrine to pressure of population.
And then a consideration of the effects of the continuous increase
in land values which thus spring from material progress reveals in
the speculative advance inevitably begotten when land is private
property a derivative but most powerful cause of the increase of rent
and the crowding down of wages. Deduction shows that this cause must
necessarily produce periodical industrial depressions, and induction
proves the conclusion; while from the analysis which has thus been made
it is seen that the necessary result of material progress, land being
private property, is, no matter what the increase in population, to
force laborers to wages which give but a bare living.
This identification of the cause that associates poverty with progress
points to the remedy, but it is to so radical a remedy that I have
next deemed it necessary to inquire whether there is any other remedy.
Beginning the investigation again from another starting point, I have
passed in examination the measures and tendencies currently advocated
or trusted in for the improvement of the condition of the laboring
masses. The result of this investigation is to prove the preceding
one, as it shows that nothing short of making land common property can
permanently relieve poverty and check the tendency of wages to the
starvation point.
Public-domain text, read in full here on John Shaqi.
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