Progress and Poverty: An Inquiry into the Cause of Industrial Depressions and of Increase of Want with Increase of Wealth

xx, 571, [1] pp. 8vo. This anniversary edition includes a new foreword by the author's son. CONTENTS: The Problem; WAGES AND CAPITAL: Current Doctrine of Wages -- Its Insufficiency; The Meaning of the Terms; Wages Not Drawn from Capital but Produced by the Labor; Maintenance of Laborers Not Drawn from Capital; Real Functions of Capital; POPULATION AND SUBSISTENCE: Malthusian Theory, Its Genesis and Support; Inferences from Facts; Inferences from Analogy; Disproof of the Malthusian Theory; LAWS OF DISTRIBUTION: Inquiry Narrowed to the Laws of Distribution -- Necessary Relation of These Laws; Rent and the Law of Rent; Interest and the Cause of Interest; Of Spurious Capital and of Profits Often Mistaken for Interest; Law of Interest; Wages and the Law of Wages; Correlation and Co-Ordination of these Laws; Statics of the Problem Thus Explained; EFFORT OF MATERIAL PROGRESS UPON THE DISTRIBUTION OF WEALTH: Dynamics of the Problem Yet to Seek; Effect of Increase of Population Upon the Distribution of Wealth; Effect of Improvements in the Arts Upon the Distribution of Wealth; Effect of the Expectation Raised by Material Progress; PROBLEM SOLVED: Primary Cause of Recurring Paroxysms of Industrial Depression; Persistence of Poverty Amid Advancing Wealth; THE REMEDY: Insufficiency of Remedies Currently Advocated; True Remedy; JUSTICE OF THE REMEDY: Injustice of Private Property in Land; How Equal Rights to the Land May be Asserted and Secured; Proposition Tried by the Canons of Taxation; Indorsements and Objections; EFFECTS OF THE REMEDY: Of the Effect Upon the Production of Wealth; Of the Effect Upon Distribution and Thence Upon Production; Of the Effect Upon Individuals and Classes; Of the Changes that Would be Wrought in Social Organization and Social Life; LAW OF HUMAN PROGRESS: Current Theory of Human Progress -- Its Insufficiency; Differences in Civilization -- To What Due; Law of Human Progress; How Modern Civilization May Decline; Central Truth; CONCLUSION: The Problem of Individual Life.