Abstract

Progress and Poverty
August 12, 1880 issue

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The article critically apprises the book "Progress and Poverty: An Enquiry Into the Cause of Industrial Depressions and of the Increase of Want With Increase of Wealth. The Remedy," by Henry George. This book has disproved the wage-fund theory and the Maithusian law of population. The author concludes that the fault or the cause of the poverty of some and the wealth of others must be sought for in the distribution of the general earnings of mankind. George's chapter on interest and the cause of interest is hard to understand and is not satisfactory when understood. In the following chapters on wages, it is sought to be shown that both interest and wages are governed by rent.

See Also:

PROGRESS & Progress & Poverty: An Enquiry Into the Cause of Industrial Depressions & of the Increase of Want With Increase of Wealth. The Remedy (Book); GEORGE, Henry, 1839-1897; POVERTY; WAGES; WEALTH; ECONOMICS
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