H.G. Brown: Significant
Paragraphs from Henry George's Progress & Poverty:
12. Effect of Remedy Upon Various Economic Classes (in the unabridged P&P: Part
IX: Effects of the Remedy — Chapter 3. Of the effect upon individuals
In short, the working farmer is both a laborer and a capitalist, as well
as a landowner, and it is by his labor and capital that his living is made.
His loss would be nominal; his gain would be real and great. In varying degrees
is this true of all landholders. Many landholders are laborers of one sort
or another. This measure would make no one poorer but such as could be made
a great deal poorer without being really hurt. It would cut down great fortunes,
but it would impoverish no one. ... read the whole chapter
Albert Jay Nock — Henry George: Unorthodox
Progress and Poverty is the first and only thorough, complete,
scientific inquiry ever made into the fundamental cause of industrial
involuntary poverty. The ablest minds of the century attacked and
condemned it — Professor Huxley, the Duke of Argyll, Goldwin Smith,
Leo XIII, Frederic Harrison, John Bright, Joseph Chamberlain. Nevertheless,
a preface to the
definitive edition, George said what very few authors of a technical
work have ever been able to say, that he had not met with a single
criticism or objection
that was not fully anticipated and answered in the book itself. For
years he debated its basic positions with any one who cared to try, and was
... It is interesting, too, now that successive depressions are bearing harder
and harder on the capitalist, precisely as George predicted, to observe that
George and his associate anti-monopolists of forty years ago are turning out
to be the best friends that the capitalist ever had. Standing staunchly for
the rights of capital, as against collectivist proposals to confiscate interest
as well as rent, George formulated a defense of those rights that is irrefragable.
...read the whole article
Peter Barnes: Capitalism
3.0 — Chapter 10: What You Can Do (pages 155-166)
To build Capitalism 3.0, we each have unique roles to play. I therefore
address the final pages of this book to a variety of people whose participation
is critical. ...
You more than anyone know the tricks of capitalism. You know how to turn
a little money into a wad. (Most of these tricks involve taking something
from a commons.) But later, when you count your takings, do you think you
merited every dollar? Or do you sometimes wonder, “Did I, or do I,
get too much?”
Well, let me be blunt: you do get too much. But don’t get your dander
up; I’m not saying you’re a scoundrel. I’m saying, rather,
that capitalism as we know it over-rewards people who own private property.
It’s a system flaw, not a personal flaw. Its harm lies not so much
in the luxuries it bestows on you as in the necessities it denies to others
and the distortions it brews throughout society.
I don’t expect you to surrender all your excess rewards at once. That
would be asking more of you than I’m prepared to ask of myself. But
I do ask you to consider doing two things:
(1) Give back some of your excess takings now, and the rest when you die.
(2), if fellow citizens ask for a system upgrade that rewards noncapital
owners more fairly, don’t fight them. Let them have it. It will work.
And it will be good for your kids and the planet. ... read
the whole chapter