What is the thesis of the following reading? Explain. http://progressandpoverty.org/read-online/progress-and-poverty-table-of-contents-drake-edition/
What is the thesis of the following reading? Explain.
http://progressandpoverty.org/read-online/progress-and-poverty-table-of-contents-drake-edition/
American political economist Henry George (1839-1897) wrote the book, 'Progress, and Poverty: An Inquiry into the Cause of Industrial Depressions and of Increase of Want with Increase of Wealth: The Remedy' in 1879. His writing played a crucial role in instigating several reforms during the progressive era (1896-1932) in America. He supported the idea of a single tax on land value. His writings inspired the economic philosophy of Georgism (a belief that people should own their produce but the economic value to the product should be distributed equally among all members of the society.
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