Progress and Poverty: An Inquiry Into the Cause of Industrial Depressions and of Increase of Want with Increase of Wealth—The Remedy

By Henry George

Progress and Poverty: An Inquiry Into the Cause of Industrial Depressions and of Increase of Want with Increase of Wealth—The Remedy - Henry George
  • Release Date: 2013-11-27
  • Genre: Business & Personal Finance

Description

This seeks to explain why poverty exists notwithstanding widespread advances in technology and even where there is a concentration of great wealth such as in cities. To those who, seeing the vice and misery that spring from the unequal distribution of wealth and privilege, feel the possibility of a higher social state, and would strive for its attainment. Why do we have ups and downs in the national economy? Why does poverty continue to exist while a minute number of Americans enjoy a staggering increase in their personal wealth year after year? What went wrong in a country that professes to be dedicated to the proposition that we are all created equal?As timely now as it was when it was written in 1871, Progress and Poverty is an honest and fascinating look at the financial order and the increasingly distorted distribution of income and wealth of life in America. George lays out simply and elegantly what the underlying problem is and how we might solve it.