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 question of justice now naturally arises, and the inquiry passes
into the field of ethics. An investigation of the nature and basis
of property shows that there is a fundamental and irreconcilable
difference between property in things which are the product of labor
and property in land; that the one has a natural basis and sanction
while the other has none, and that the recognition of exclusive
property in land is necessarily a denial of the right of property
in the products of labor. Further investigation shows that private
property in land always has, and always must, as development proceeds,
lead to the enslavement of the laboring class; that land owners can
make no just claim to compensation if society choose to resume its
right; that so far from private property in land being in accordance
with the natural perceptions of men, the very reverse is true, and
that in the United States we are already beginning to feel the effects
of having admitted this erroneous and destructive principle.
The inquiry then passes to the field of practical statesmanship. It
is seen that private property in land, instead of being necessary to
its improvement and use, stands in the way of improvement and use, and
entails an enormous waste of productive forces; that the recognition
of the common right to land involves no shock or dispossession, but is
to be reached by the simple and easy method of abolishing all taxation
save that upon land values. And this an inquiry into the principles of
taxation shows to be, in all respects, the best subject of taxation.
A consideration of the effects of the change proposed then shows that
it would enormously increase production; would secure justice in
distribution; would benefit all classes; and would make possible an
advance to a higher and nobler civilization.
Public-domain text, read in full here on John Shaqi.
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