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
We thus see how thoroughly and completely true it is, that in whatever
is taken or consumed by laborers in return for labor rendered, there
is no advance of capital to the laborers. If I have made jack-knives,
and with the wages received have bought wheat, I have simply exchanged
jack-knives for wheat—added jack-knives to the existing stock of wealth
and taken wheat from it. And as the demand for consumption determines
the direction in which labor will be expended in production, it cannot
even be said, so long as the limit of wheat production has not been
reached, that I have lessened the stock of wheat, for, by placing
jack-knives in the exchangeable stock of wealth and taking wheat out,
I have determined labor at the other end of a series of exchanges
to the production of wheat, just as the wheat grower, by putting in
wheat and demanding jack-knives, determined labor to the production of
jack-knives, as the easiest way by which wheat could be obtained.
And so the man who is following the plow—though the crop for which he
is opening the ground is not yet sown, and after being sown will take
months to arrive at maturity—he is yet, by the exertion of his labor in
plowing, virtually producing the food he eats and the wages he
receives. For, though plowing is but a part of the operation of
producing a crop, it _is_ a part, and as necessary a part as
harvesting. The doing of it is a step toward procuring a crop, which,
by the assurance which it gives of the future crop, sets free from the
stock constantly held the subsistence and wages of the plowman. This is
not merely theoretically true, it is practically and literally true. At
the proper time for plowing, let plowing cease. Would not the symptoms
of scarcity at once manifest themselves without waiting for the time of
the harvest? Let plowing cease, and would not the effect at once be
felt in counting-room, and machine shop, and factory? Would not loom
and spindle soon stand as idle as the plow? That this would be so, we
see in the effect which immediately follows a bad season. And if this
would be so, is not the man who plows really producing his subsistence
and wages as much as though during the day or week his labor actually
resulted in the things for which his labor is exchanged?
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