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
For if wages are drawn, not from capital, but from the produce of
labor, the current theories as to the relations of capital and labor
are invalid, and all remedies, whether proposed by professors of
political economy or workingmen, which look to the alleviation of
poverty either by the increase of capital or the restriction of the
number of laborers or the efficiency of their work, must be condemned.
If each laborer in performing the labor really creates the fund from
which his wages are drawn, then wages cannot be diminished by the
increase of laborers, but, on the contrary, as the efficiency of labor
manifestly increases with the number of laborers, the more laborers,
other things being equal, the higher should wages be.
But this necessary proviso, “other things being equal,” brings us to a
question which must be considered and disposed of before we can further
proceed. That question is, Do the productive powers of nature tend
to diminish with the increasing drafts made upon them by increasing
population?
FOOTNOTES:
[13] New Zealand and its Inhabitants. Rev. Richard Taylor. London,
1855. Chap. XXI.
BOOK II.
POPULATION AND SUBSISTENCE.
CHAPTER I.—THE MALTHUSIAN THEORY, ITS GENESIS AND SUPPORT.
CHAPTER II.—INFERENCES FROM FACTS.
CHAPTER III.—INFERENCES FROM ANALOGY.
CHAPTER IV.—DISPROOF OF THE MALTHUSIAN THEORY.
Are God and Nature then at strife,
That Nature lends such evil dreams?
So careful of the type she seems,
So careless of the single life.
—_Tennyson._
CHAPTER I.
THE MALTHUSIAN THEORY, ITS GENESIS AND SUPPORT.
Behind the theory we have been considering lies a theory we have yet to
consider. The current doctrine as to the derivation and law of wages
finds its strongest support in a doctrine as generally accepted—the
doctrine to which Malthus has given his name—that population naturally
tends to increase faster than subsistence. These two doctrines, fitting
in with each other, frame the answer which the current political
economy gives to the great problem we are endeavoring to solve.
In what has preceded, the current doctrine that wages are determined
by the ratio between capital and laborers has, I think, been shown to
be so utterly baseless as to excite surprise as to how it could so
generally and so long obtain. It is not to be wondered at that such a
theory should have arisen in a state of society where the great body of
laborers seem to depend for employment and wages upon a separate class
of capitalists, nor yet that under these conditions it should have
maintained itself among the masses of men, who rarely take the trouble
to separate the real from the apparent. But it is surprising that a
theory which on examination appears to be so groundless could have been
successively accepted by so many acute thinkers as have during the
present century devoted their powers to the elucidation and development
of the science of political economy.
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