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Progress and Poverty: An Inquiry in the Cause of Industrial Depressions and of Increase of Want with Increase of Wealth... The Remedy Paperback – December 12, 1997
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In this volume three very different aspects of the late nineteenth-century debate on poverty are bound together: the American Henry George's Progress and Poverty, a response by a British businessman, Isaac B. Cooke, and a description by Andrew Mearns of the reality of poverty in the world's richest city. --This text refers to an out of print or unavailable edition of this title.
From the Author
HENRY GEORGE (1839-1897) was a noted American economist and founder of the single-tax movement. He first outlined the doctrine in the pamphlet Our Land and Land Policy in 1871 and later wrote the more elaborate treatise Progress and Poverty (1879), which sold millions of copies all over the world. --This text refers to an out of print or unavailable edition of this title.
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Top Customer Reviews
The basic idea of common ownership (but not necessarily right to use) to land and other natural resources is deeply rooted in most humans, and is probably a much more clear and straightforward moral ground for taxation than whatever is currently presented by liberal democracies.
Add to this the enormous potential of collecting rent (i.e. the value of unimproved land, including its natural resources such as minerals or forests, and also the increased value from its location, e.g. in a city) as taxes and you have a strong foundation for state finances.
Henry George explains -sometimes in rather archaic terms, using farmers and farm land as the most frequent example- why such a system would be to great benefit of virtually everyone in society. For instance: Speculation in land would be seriously dampened and useful land would hardly lay idle.
His conclusion is the Single Tax. Which is perhaps why the idea died away. Still a great inspiration a century and a half after its first publication. And quite an easy read, considering the dryness of its subject.
The best book i have ever read in the subject of Political Economy.
Henry George's, contibution in the subject is monumental. Read it and you will never see the principles of political economy with the same eye ever again!!!
George's solution is to impose a single tax on the unimproved value of land (that is, based only on its location and natural quality) and abolish all others. In George's view, this tax would be easy to collect (every county auditor/assessor has this information already) and would remove the intrusive bureaucracy of income and corporate tax collection.
However, I did not find anything in George's theory to act as a brake on the greed of government
Most Recent Customer Reviews
All production of this world is made of Land+Capital+Labour.
Land means everything given by nature except human beeings.Read more