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  • Income Distribution in the US
    How is our income distributed? Well, it is pretty concentrated. How concentrated? Take a look.
  • Progress and Poverty, by Henry George
    Here are links to online editions of George's landmark book, Progress & Poverty, including audio and a number of abridgments -- the shortest is 30 words! I commend this book to your attention, if you are concerned about economic justice, poverty, sprawl, energy use, pollution, wages, housing affordability. Its observations will change how you approach all these problems. A mind-opening experience!
  • Wealth Concentration Tables from 2004 SCF: Bottom 90%, Next 9% and Top 1%
    Aggregated data by net worth quantile, for various kinds of wealth. With calculations you won't find anywhere else!
  • Wealth Concentration Tables from 2004 SCF: 50-40-5-4-1
    These tables show how concentrated the ownership of various kinds of assets are. With calculations you won't find anywhere else! This version is less aggregated: Bottom 50%, Next 40%, Next 5%, Next 4% and Top 1%.

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  • Henry George: Progress and Poverty: An inquiry into the cause of industrial depressions and of increase of want with increase of wealth ... The Remedy
    This is perhaps the most important book ever written on the subjects of poverty, political economy, how we might live together in a society dedicated to the ideals Americans claim to believe are self-evident. It will provide you new lenses through which to view many of our most serious problems and how we might go about solving them: poverty, sprawl, long commutes, despoilation of the environment, housing affordability, wealth concentration, income concentration, concentration of power, low wages, etc. Read it online, or in hardcopy.
  • Bob Drake's abridgement of Henry George's original: Progress and Poverty: Why There Are Recessions and Poverty Amid Plenty -- And What To Do About It!
    This is a very readable thought-by-thought updating of Henry George's longer book, written in the language of a newsweekly. A fine way to get to know Henry George's ideas. Available online at progressandpoverty.org and http://www.henrygeorge.org/pcontents.htm

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« Harry Gunnison Brown, on privilege | Main | Antonin Scalia on Proposition 13 »

February 14, 2016

The Henry George Idea in One Hundred Words

This appeared in a 1943 Henry George School newsletter (which I'm pretty sure was edited by my grandmother, Marjorie Carter (1902-1963) -- something I'd not been aware of!)  It is signed by Louis W. Weston.

 

The Henry George Idea in One Hundred Words

The rental value of land is due to our common human needs.  No single individual -- the people as a whole produce that value.  It grows larger as the population and its activities increase.

This natural law of rent gives the community the moral right to take all of this value which it creates. 

The mistake is made of permitting a few to take this value, thus creating speculation in land, upsetting economic stability, necessitating unemployment and the recurring breakdowns in our civilization.

This fundamental wrong must be righted before wars and all injustice can be abolished.

 

Posted on February 14, 2016 at 07:11 PM in economic justice, economic rent, Henry George, land rent, make land common property, Natural Public Revenue, P&P Synopsis, peace, privatization, privilege, reaping what others sow, rent-seeking, unemployment and underemployment |

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