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Progress and Poverty

Progress and Poverty

An Inquiry into the Cause of Industrial Depressions and of Increase of Want with Increase of Wealth; the Remedy (Hardcover)

by Henry George
Hardback
Publication Date: 02/08/2018

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In Progress and Poverty, economist Henry George scrutinizes the connection between population growth and distribution of wealth in the economy of the late nineteenth century.The initial portions of the book are occupied with refuting the demographic theories of Thomas Malthus, who asserted that the vast abundance of goods generated by an economy's growth was spent on food. Consequently the population rises, keeping living standards low, poverty widespread, and starvation and disease common.Henry George had a different attitude: that poverty could be solved and economic progress preserved. To prove this, he draws upon decades of data which show that the increase in land prices restrains the amount of production on said land; business owners thus have less to pay their workers, with the result being mass poverty especially within cities.
ISBN:
9781387997855
9781387997855
Category:
Funding of education & student finance
Format:
Hardback
Publication Date:
02-08-2018
Language:
English
Publisher:
Lulu Press Inc.
Country of origin:
United States
Dimensions (mm):
228.6x152.4x20.57mm
Weight:
0.7kg
Henry George

Henry George (1839–97) went to sea on a merchant ship at age 15 and by the end of the 1850s was working in San Francisco as a typesetter. A career in journalism followed, and George gradually become a successful popular speaker on the issues of his day as well as an effective writer. He moved to New York around the time Progress and Poverty was published and ran for mayor, losing in an election that may have been marred by fraud. His second campaign for mayor ended with a fatal stroke. Thousands turned out for his funeral, which was described as the largest in New York's history (or at least the largest since the death of Abraham Lincoln); even George's bitterest opponents at Tammany Hall flew their flag at half-staff on that day.

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