Download PDF by Francis K. Peddle,William S. Peirce,Alexandra W. Lough: The Annotated Works of Henry George: Progress and Poverty: 2

By Francis K. Peddle,William S. Peirce,Alexandra W. Lough

Henry George (1839–1897) rose to reputation as a social reformer and economist amid the commercial and highbrow turbulence of the past due 19th century. His best-selling Progress and Poverty (1879) captures the ravages of privileged monopolies and the woes of industrialization in a language of eloquent indignation. His reform time table resonates as powerfully this present day because it did within the Gilded Age, and his impassioned prose and compelling notion encouraged such different figures as Leo Tolstoy, John Dewey, sunlight Yat-Sen, Winston Churchill, and Albert Einstein. This six-volume version of The Annotated Works of Henry George assembles all his significant works for the 1st time with new introductions, severe annotations, huge bibliographical fabric, and complete indexing to supply a wealth of assets for students and reformers.

Volume II of this sequence offers the unabridged textual content of Progress and Poverty, arguably the main influential paintings of Henry George. the unique textual content is supplemented by means of notes which clarify the adjustments George made in the course of his lifetime and the numerous references he made to heritage, literature, economics, and public coverage. a brand new index augments accessibility to the textual content and keywords. The introductory essay, “The Rhetoric and the Remedy,” by way of sequence co-editor William S. Peirce, offers an outline of the old context for George’s philosophy of economics and summarizes the argument of Progress and Poverty in the framework of the commercial theories of his day. It then seems to be at a number of the early reactions by way of prime economists and opinion makers to George’s fervent and eloquent demand fiscal justice.

Henry George wrote Progress and Poverty so as to establish and unravel the good paradox of contemporary commercial lifestyles. How was once it attainable for abject poverty, monetary instability, and severe financial inequality to co-exist with emerging productiveness and technological development? He analyzed and rejected the generally held ideals that poverty unavoidably from the legislation of economics or from a Darwinian fight for survival of the fittest. George concluded that on the middle of this drawback used to be how society handled traditional assets, specially city land. He didn't succumb to the panacea of arbitrarily confiscating estate or taking from the wealthy to offer to the bad. George argued that taxes on effective exertions and capital could be tremendously diminished. His “sovereign treatment” declared that public items may be accurately funded from the returns to land and different average assets. The actions of society as an entire supply land its price. it truly is accordingly either equitable and effective for the neighborhood to tax or recapture land values to aid the actions of government.

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The Annotated Works of Henry George: Progress and Poverty: 2 by Francis K. Peddle,William S. Peirce,Alexandra W. Lough


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