Henry George And The Crisis Of Inequality

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Henry George and the Crisis of Inequality

Author : Edward O'Donnell
Publisher : Columbia University Press
ISBN 13 : 0231539266
Total Pages : 377 pages
Book Rating : 4.2/5 (315 download)

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Book Synopsis Henry George and the Crisis of Inequality by : Edward O'Donnell

Download or read book Henry George and the Crisis of Inequality written by Edward O'Donnell and published by Columbia University Press. This book was released on 2015-06-09 with total page 377 pages. Available in PDF, EPUB and Kindle. Book excerpt: America's remarkable explosion of industrial output and national wealth at the end of the nineteenth century was matched by a troubling rise in poverty and worker unrest. As politicians and intellectuals fought over the causes of this crisis, Henry George (1839–1897) published a radical critique of laissez-faire capitalism and its threat to the nation's republican traditions. Progress and Poverty (1879), which became a surprise best-seller, offered a provocative solution for preserving these traditions while preventing the amassing of wealth in the hands of the few: a single tax on land values. George's writings and years of social activism almost won him the mayor's seat in New York City in 1886. Though he lost the election, his ideas proved instrumental to shaping a popular progressivism that remains essential to tackling inequality today. Edward T. O'Donnell's exploration of George's life and times merges labor, ethnic, intellectual, and political history to illuminate the early militant labor movement in New York during the Gilded Age. He locates in George's rise to prominence the beginning of a larger effort by American workers to regain control of the workplace and obtain economic security and opportunity. The Gilded Age was the first but by no means the last era in which Americans confronted the mixed outcomes of modern capitalism. George's accessible, forward-thinking ideas on democracy, equality, and freedom have tremendous value for contemporary debates over the future of unions, corporate power, Wall Street recklessness, government regulation, and political polarization.

Progress and poverty

Author : Henry George
Publisher :
ISBN 13 :
Total Pages : 424 pages
Book Rating : 4.R/5 (5 download)

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Book Synopsis Progress and poverty by : Henry George

Download or read book Progress and poverty written by Henry George and published by . This book was released on 1886 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Henry George and How Growth in Real Estate Contributes to Inequality and Financial Instability

Author : Edward Nell
Publisher :
ISBN 13 : 9783030186647
Total Pages : 148 pages
Book Rating : 4.1/5 (866 download)

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Book Synopsis Henry George and How Growth in Real Estate Contributes to Inequality and Financial Instability by : Edward Nell

Download or read book Henry George and How Growth in Real Estate Contributes to Inequality and Financial Instability written by Edward Nell and published by . This book was released on 2019 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Palgrave Pivot contextualizes Henry George as an important and uniquely American figure in the fields of economics and political economy, with special emphasis on the frontier and innovation. This book discusses George's concept of rent as the result of economic progress, explains George's argument that the rise in rents caused by economic progress in turn generates inequality and poverty, and examines the relevance of these ideas in today's financialized global economy. This book adds to the very necessary discussion of whether our current financial industry is a benefit or a drain on human economic well-being.

Capitalism

Author : Anwar Shaikh
Publisher : Oxford University Press
ISBN 13 : 0199390657
Total Pages : 896 pages
Book Rating : 4.1/5 (993 download)

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Book Synopsis Capitalism by : Anwar Shaikh

Download or read book Capitalism written by Anwar Shaikh and published by Oxford University Press. This book was released on 2016-01-15 with total page 896 pages. Available in PDF, EPUB and Kindle. Book excerpt: Orthodox economics operates within a hypothesized world of perfect competition in which perfect consumers and firms act to bring about supposedly optimal outcomes. The discrepancies between this model and the reality it claims to address are then attributed to particular imperfections in reality itself. Most heterodox economists seize on this fact and insist that the world is characterized by imperfect competition. But this only ties them to the notion of perfect competition, which remains as their point of departure and base of comparison. There is no imperfection without perfection. In Capitalism, Anwar Shaikh takes a different approach. He demonstrates that most of the central propositions of economic analysis can be derived without any reference to standard devices such as hyperrationality, optimization, perfect competition, perfect information, representative agents, or so-called rational expectations. This perspective allows him to look afresh at virtually all the elements of economic analysis: the laws of demand and supply, the determination of wage and profit rates, technological change, relative prices, interest rates, bond and equity prices, exchange rates, terms and balance of trade, growth, unemployment, inflation, and long booms culminating in recurrent general crises. In every case, Shaikh's innovative theory is applied to modern empirical patterns and contrasted with neoclassical, Keynesian, and Post-Keynesian approaches to the same issues. Shaikh's object of analysis is the economics of capitalism, and he explores the subject in this expansive light. This is how the classical economists, as well as Keynes and Kalecki, approached the issue. Anyone interested in capitalism and economics in general can gain a wealth of knowledge from this ground-breaking text.

Progress and Poverty

Author : Henry George
Publisher : BoD - Books on Demand
ISBN 13 :
Total Pages : 633 pages
Book Rating : 4.0/5 (418 download)

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Book Synopsis Progress and Poverty by : Henry George

Download or read book Progress and Poverty written by Henry George and published by BoD - Books on Demand. This book was released on 2023-03-22 with total page 633 pages. Available in PDF, EPUB and Kindle. Book excerpt: Progress and Poverty, first published in 1879, was American political economist Henry George’s most popular book. It explores why the economy of the mid-to-late 1800s had seen a simultaneous economic growth and growth in poverty. The book’s appeal was in its balance of moral and economic arguments, challenging the popular notion that the poor, through uncontrolled population growth, were responsible for their own woes. Inspired by his years living in San Francisco and his own experience with privation, George argues instead that poverty had grown due to the increasing speculation and monopolization of land, as landowners had captured the increases in growth, investment, and productivity through the rising cost of rent. To solve this, George proposes the complete taxation of the unimproved value of land, thus returning the value of land, created through location, to the community. This solution would incentivize individuals to use the land they own productively and remove the tendency to speculate upon land’s increasing value. George’s argument was profoundly liberal, as individuals retain the right to own land and enjoy the profits generated from production upon it. Progress and Poverty was hugely popular in the 1890s, being outsold only by the Bible. It inspired the Single Tax Movement, and influenced a wide range of intellectuals and policymakers in the early 1900s including Leo Tolstoy, Albert Einstein, and Winston Churchill.

Henry George and How Growth in Real Estate Contributes to Inequality and Financial Instability

Author : Edward Nell
Publisher :
ISBN 13 : 9783030186654
Total Pages : 148 pages
Book Rating : 4.1/5 (866 download)

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Book Synopsis Henry George and How Growth in Real Estate Contributes to Inequality and Financial Instability by : Edward Nell

Progress and Poverty

Author : Henry George
Publisher :
ISBN 13 :
Total Pages : 600 pages
Book Rating : 4.A/5 ( download)

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Book Synopsis Progress and Poverty by : Henry George

Download or read book Progress and Poverty written by Henry George and published by . This book was released on 1879 with total page 600 pages. Available in PDF, EPUB and Kindle. Book excerpt:

A Covenant with Color

Author : Craig Steven Wilder
Publisher : Columbia University Press
ISBN 13 : 9780231506632
Total Pages : 356 pages
Book Rating : 4.5/5 (66 download)

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Book Synopsis A Covenant with Color by : Craig Steven Wilder

Download or read book A Covenant with Color written by Craig Steven Wilder and published by Columbia University Press. This book was released on 2000-07-05 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: Spanning three centuries of Brooklyn history from the colonial period to the present, A Covenant with Color exposes the intricate relations of dominance and subordination that have long characterized the relative social positions of white and black Brooklynites. Craig Steven Wilder -- examining both quantitative and qualitative evidence and utilizing cutting-edge literature on race theory -- demonstrates how ideas of race were born, how they evolved, and how they were carried forth into contemporary society. In charting the social history of one of the nation's oldest urban locales, Wilder contends that power relations -- in all their complexity -- are the starting point for understanding Brooklyn's turbulent racial dynamics. He spells out the workings of power -- its manipulation of resources, whether in the form of unfree labor, privileges of citizenship, better jobs, housing, government aid, or access to skilled trades. Wilder deploys an extraordinary spectrum of evidence to illustrate the mechanics of power that have kept African American Brooklynites in subordinate positions: from letters and diaries to family papers of Kings County's slaveholders, from tax records to the public archives of the Home Owners Loan Corporation. Wilder illustrates his points through a variety of cases, including banking interests, the rise of Kings County's colonial elite, industrialization and slavery, race-based distribution of federal money in jobs, and mortgage loans during and after the Depression. He delves into the evolution of the Brooklyn ghetto, tracing how housing segregation corralled African Americans in Bedford-Stuyvesant. The book explores colonial enslavement, the rise of Jim Crow, labor discrimination and union exclusion, and educational inequality. Throughout, Wilder uses Brooklyn as a lens through which to view larger issues of race and power on a national level. One of the few recent attempts to provide a comprehensive history of race relations in an American city, A Covenant with Color is a major contribution to urban history and the history of race and class in America.

The Annotated Works of Henry George

Author : Francis K. Peddle
Publisher : Rowman & Littlefield
ISBN 13 : 1611479428
Total Pages : 508 pages
Book Rating : 4.6/5 (114 download)

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Book Synopsis The Annotated Works of Henry George by : Francis K. Peddle

Download or read book The Annotated Works of Henry George written by Francis K. Peddle and published by Rowman & Littlefield. This book was released on 2017-03-02 with total page 508 pages. Available in PDF, EPUB and Kindle. Book excerpt: Henry George (1839–1897) rose to fame as a social reformer and economist amid the industrial and intellectual turbulence of the late nineteenth 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 agenda resonates as powerfully today as it did in the Gilded Age, and his impassioned prose and compelling thought inspired such diverse figures as Leo Tolstoy, John Dewey, Sun Yat-Sen, Winston Churchill, and Albert Einstein. This six-volume edition of The Annotated Works of Henry George assembles all his major works for the first time with new introductions, critical annotations, extensive bibliographical material, and comprehensive indexing to provide a wealth of resources for scholars and reformers. Volume II of this series presents the unabridged text of Progress and Poverty, arguably the most influential work of Henry George. The original text is supplemented by notes which explain the changes George made during his lifetime and the many references he made to history, literature, economics, and public policy. A new index augments accessibility to the text and key terms. The introductory essay, “The Rhetoric and the Remedy,” by series co-editor William S. Peirce, provides an overview of the historical context for George’s philosophy of economics and summarizes the argument of Progress and Poverty within the framework of the economic theories of his day. It then looks at some of the early reactions by leading economists and opinion makers to George’s fervent and eloquent call for economic justice. Henry George wrote Progress and Poverty in order to identify and resolve the great paradox of modern industrial life. How was it possible for abject poverty, financial instability, and extreme economic inequality to co-exist with rising productivity and technological progress? He analyzed and rejected the widely held beliefs that poverty inevitably followed from the laws of economics or from a Darwinian struggle for survival of the fittest. George concluded that at the heart of this dilemma was how society treated natural resources, especially urban land. He did not succumb to the panacea of arbitrarily confiscating property or taking from the rich to give to the poor. George argued that taxes on productive labor and capital should be drastically reduced. His “sovereign remedy” declared that public goods could be adequately funded from the returns to land and other natural resources. The activities of society as a whole give land its value. It is therefore both equitable and efficient for the community to tax or recapture land values to support the activities of government.

Engine of Inequality

Author : Karen Petrou
Publisher : John Wiley & Sons
ISBN 13 : 1119726743
Total Pages : 291 pages
Book Rating : 4.1/5 (197 download)

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Book Synopsis Engine of Inequality by : Karen Petrou

Download or read book Engine of Inequality written by Karen Petrou and published by John Wiley & Sons. This book was released on 2021-03-03 with total page 291 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first book to reveal how the Federal Reserve holds the key to making us more economically equal, written by an author with unparalleled expertise in the real world of financial policy Following the 2008 financial crisis, the Federal Reserve’s monetary policy placed much greater focus on stabilizing the market than on helping struggling Americans. As a result, the richest Americans got a lot richer while the middle class shrank and economic and wealth inequality skyrocketed. In Engine of Inequality, Karen Petrou offers pragmatic solutions for creating more inclusive monetary policy and equality-enhancing financial regulation as quickly and painlessly as possible. Karen Petrou is a leading financial-policy analyst and consultant with unrivaled knowledge of what drives the decisions of federal officials and how big banks respond to financial policy in the real world. Instead of proposing legislation that would never pass Congress, the author provides an insider's look at politically plausible, high-impact financial policy fixes that will radically shift the equality balance. Offering an innovative, powerful, and highly practical solution for immediately turning around the enormous nationwide problem of economic inequality, this groundbreaking book: Presents practical ways America can and should tackle economic inequality with fast-acting results Provides revealing examples of exactly how bad economic inequality in America has become no matter how hard we all work Demonstrates that increasing inequality is disastrous for long-term economic growth, political action, and even personal happiness Explains why your bank's interest rates are still only a fraction of what they were even though the rich are getting richer than ever, faster than ever Reveals the dangers of FinTech and BigTech companies taking over banking Shows how Facebook wants to control even the dollars in your wallet Discusses who shares the blame for our economic inequality, including the Fed, regulators, Congress, and even economists Engine of Inequality: The Fed and the Future of Wealth in America should be required reading for leaders, policymakers, regulators, media professionals, and all Americans wanting to ensure that the nation’s financial policy will be a force for promoting economic equality.

Property, Institutions, and Social Stratification in Africa

Author : Franklin Obeng-Odoom
Publisher : Cambridge University Press
ISBN 13 : 1108491995
Total Pages : 379 pages
Book Rating : 4.1/5 (84 download)

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Book Synopsis Property, Institutions, and Social Stratification in Africa by : Franklin Obeng-Odoom

Download or read book Property, Institutions, and Social Stratification in Africa written by Franklin Obeng-Odoom and published by Cambridge University Press. This book was released on 2020-03-26 with total page 379 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explores and challenges existing conventions of inequality in Africa while offering new insights to explain persistent poverty across the continent.

Unsustainable Inequalities

Author : Lucas Chancel
Publisher : Harvard University Press
ISBN 13 : 0674250656
Total Pages : 185 pages
Book Rating : 4.6/5 (742 download)

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Book Synopsis Unsustainable Inequalities by : Lucas Chancel

Download or read book Unsustainable Inequalities written by Lucas Chancel and published by Harvard University Press. This book was released on 2020-10-06 with total page 185 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Financial Times Best Book of the Year A hardheaded book that confronts and outlines possible solutions to a seemingly intractable problem: that helping the poor often hurts the environment, and vice versa. Can we fight poverty and inequality while protecting the environment? The challenges are obvious. To rise out of poverty is to consume more resources, almost by definition. And many measures to combat pollution lead to job losses and higher prices that mainly hurt the poor. In Unsustainable Inequalities, economist Lucas Chancel confronts these difficulties head-on, arguing that the goals of social justice and a greener world can be compatible, but that progress requires substantial changes in public policy. Chancel begins by reviewing the problems. Human actions have put the natural world under unprecedented pressure. The poor are least to blame but suffer the most—forced to live with pollutants that the polluters themselves pay to avoid. But Chancel shows that policy pioneers worldwide are charting a way forward. Building on their success, governments and other large-scale organizations must start by doing much more simply to measure and map environmental inequalities. We need to break down the walls between traditional social policy and environmental protection—making sure, for example, that the poor benefit most from carbon taxes. And we need much better coordination between the center, where policies are set, and local authorities on the front lines of deprivation and contamination. A rare work that combines the quantitative skills of an economist with the argumentative rigor of a philosopher, Unsustainable Inequalities shows that there is still hope for solving even seemingly intractable social problems.

Informal Labour in Urban India

Author : Tom Barnes
Publisher : Routledge
ISBN 13 : 1317571010
Total Pages : 202 pages
Book Rating : 4.3/5 (175 download)

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Book Synopsis Informal Labour in Urban India by : Tom Barnes

Download or read book Informal Labour in Urban India written by Tom Barnes and published by Routledge. This book was released on 2014-12-17 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the last two decades, rapid economic growth and development in India has been based upon the mass employment of informal labour. Using case studies from three urban regions, this book examines this growth in modern India’s cities and towns. It argues that India has undergone a process of uneven and combined development during its integration with the world economy, leading to a distorted form of urban development. This book is about work and resistance in India’s massive ‘informal economy’. It looks at the growth of informal labour in Bangalore, Mumbai and New Delhi during an era of neoliberal economic policymaking. Going beyond mainstream accounts, it argues that India’s rapid economic development has been based upon the mass employment of workers on low wages who lack basic social protection and rights at work. It discusses how urban development in India is characterised by a combination of industrialisation, industrial relocation, restructuring and informalisation. Departing from some existing studies of de-industrialisation, it re-frames informalisation as a process that complements, rather than contradicts, contemporary industrialisation in rapidly-emerging economies. The book adopts a ‘classes of labour’ approach, classifying each case of informal labour as a specific ‘form of exploitation’: as a different way for employers to lower production costs, control workers and increase enterprise flexibility. Offering a critique of existing data on the measurement and monitoring of informal labour and employment, the book is relevant to students and scholars of Development Studies, International Political Economy and South Asian Studies.

Capital in the Twenty-First Century

Author : Thomas Piketty
Publisher : Harvard University Press
ISBN 13 : 0674979850
Total Pages : 817 pages
Book Rating : 4.6/5 (749 download)

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Book Synopsis Capital in the Twenty-First Century by : Thomas Piketty

Download or read book Capital in the Twenty-First Century written by Thomas Piketty and published by Harvard University Press. This book was released on 2017-08-14 with total page 817 pages. Available in PDF, EPUB and Kindle. Book excerpt: What are the grand dynamics that drive the accumulation and distribution of capital? Questions about the long-term evolution of inequality, the concentration of wealth, and the prospects for economic growth lie at the heart of political economy. But satisfactory answers have been hard to find for lack of adequate data and clear guiding theories. In this work the author analyzes a unique collection of data from twenty countries, ranging as far back as the eighteenth century, to uncover key economic and social patterns. His findings transform debate and set the agenda for the next generation of thought about wealth and inequality. He shows that modern economic growth and the diffusion of knowledge have allowed us to avoid inequalities on the apocalyptic scale predicted by Karl Marx. But we have not modified the deep structures of capital and inequality as much as we thought in the optimistic decades following World War II. The main driver of inequality--the tendency of returns on capital to exceed the rate of economic growth--today threatens to generate extreme inequalities that stir discontent and undermine democratic values if political action is not taken. But economic trends are not acts of God. Political action has curbed dangerous inequalities in the past, the author says, and may do so again. This original work reorients our understanding of economic history and confronts us with sobering lessons for today.

Progress and Poverty - The Complete Works of Henry George

Author : Henry George
Publisher : Read Books Ltd
ISBN 13 : 1528797469
Total Pages : 362 pages
Book Rating : 4.5/5 (287 download)

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Book Synopsis Progress and Poverty - The Complete Works of Henry George by : Henry George

Download or read book Progress and Poverty - The Complete Works of Henry George written by Henry George and published by Read Books Ltd. This book was released on 2022-04-05 with total page 362 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Progress and Poverty is not so much a book as an event. The life and thought of no one capable of understanding it can be quite the same after reading it." - Emma Lazarus In this landmark text, Henry George lays out his study of questions of why poverty partners with economic and technological progress. His theory of single land tax proposed in this book was so influential it spurred progressive economic reform. Henry George was an American political economist and journalist. His 1879 work Progress and Poverty explored the paradox of increasing poverty and inequality amongst economic progress. He looked into the causes of industrial depressions and focused his efforts on anti-monopoly reforms to remedy economic and social problems by introducing his solution: a single land tax. Volumes within this book include: Wages and Capital Population and Subsistence The Laws of Distribution Effect of Material Progress Upon the Distribution of Wealth The Problem Solved The Remedy Justice of the Remedy Application of the Remedy Effects of the Remedy The Law of Human Progress Highly influential in its time and admired by many intellectual contemporaries, Progress and Poverty was a founding text in Georgist ideology. Republished by Read & Co. Books, it is an essential read for those looking to learn more about the critical economic theories and social reforms throughout history.

Progress and Poverty

Author : Henry George
Publisher :
ISBN 13 :
Total Pages : 600 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Progress and Poverty by : Henry George

Download or read book Progress and Poverty written by Henry George and published by . This book was released on 1936 with total page 600 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Republic for Which It Stands

Author : Richard White
Publisher : Oxford University Press
ISBN 13 : 0190619066
Total Pages : 912 pages
Book Rating : 4.1/5 (96 download)

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Book Synopsis The Republic for Which It Stands by : Richard White

Download or read book The Republic for Which It Stands written by Richard White and published by Oxford University Press. This book was released on 2017-08-04 with total page 912 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Oxford History of the United States is the most respected multivolume history of the American nation. In the newest volume in the series, The Republic for Which It Stands, acclaimed historian Richard White offers a fresh and integrated interpretation of Reconstruction and the Gilded Age as the seedbed of modern America. At the end of the Civil War the leaders and citizens of the victorious North envisioned the country's future as a free-labor republic, with a homogenous citizenry, both black and white. The South and West were to be reconstructed in the image of the North. Thirty years later Americans occupied an unimagined world. The unity that the Civil War supposedly secured had proved ephemeral. The country was larger, richer, and more extensive, but also more diverse. Life spans were shorter, and physical well-being had diminished, due to disease and hazardous working conditions. Independent producers had become wage earners. The country was Catholic and Jewish as well as Protestant, and increasingly urban and industrial. The "dangerous" classes of the very rich and poor expanded, and deep differences -- ethnic, racial, religious, economic, and political -- divided society. The corruption that gave the Gilded Age its name was pervasive. These challenges also brought vigorous efforts to secure economic, moral, and cultural reforms. Real change -- technological, cultural, and political -- proliferated from below more than emerging from political leadership. Americans, mining their own traditions and borrowing ideas, produced creative possibilities for overcoming the crises that threatened their country. In a work as dramatic and colorful as the era it covers, White narrates the conflicts and paradoxes of these decades of disorienting change and mounting unrest, out of which emerged a modern nation whose characteristics resonate with the present day.