Progress & Poverty

Author: GEORGE HENRY

Stock information

General Fields

  • : $76.99 AUD
  • : 9781108003612
  • : Cambridge University Press
  • :
  • : 0.721212
  • : July 2009
  • : 14 Centimeters X 3.3 Centimeters X 21.6 Centimeters
  • : 76.99
  • :
  • :
  • : books

Special Fields

  • : GEORGE HENRY
  • : Cambridge Library Collection - British and Irish History, 19th Century Ser.
  • : Paperback
  • :
  • : 576
  • :
  • :
Barcode 9781108003612
9781108003612

Description

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.