Social Problems
Social Problems
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In our eReader you can find the full English version of the book. Read Social Problems Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Social Problems
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But the re- quirement of larger amounts of capital, which is generally characteristic of labor-saving improve- ments, may increase the facility with which those who have large capitals can establish monopolies that enable them to intercept what would naturally go to labor. This, however, is an effect, rather than a cause, of the failure of labor to get the benefit of improvements in production.
For the cause we must go further. While labor-saving improvements increase the power of labor, no imp...rovement or invention can release THE EFFECTS OF MACHINEEY. 197 labor from its dependence upon land. Labor- saving improvements only increase the power of producing wealth from land. And land being mo- nopolized as the private property of certain persons, who can thus prevent others from using it, all these gains, which accrue primarily to labor, can be demanded from labor by the owners of land, in higher rents and higher prices. Thus, as we see it, the march of improvement and invention has in- creased neither interest nor wages, but its general effect has evervwhere been to increase the value of land.
What to read after Social Problems?
You can find similar books in the "Read Also" column, or choose other free books by Henry George to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
But the re- quirement of larger amounts of capital, which is generally characteristic of labor-saving improve- ments, may increase the facility with which those who have large capitals can establish monopolies that enable them to intercept what would naturally go to labor. This, however, is an effect, rather than a cause, of the failure of labor to get the benefit of improvements in production.
For the cause we must go further. While labor-saving improvements increase the power of labor, no imp...rovement or invention can release THE EFFECTS OF MACHINEEY. 197 labor from its dependence upon land. Labor- saving improvements only increase the power of producing wealth from land. And land being mo- nopolized as the private property of certain persons, who can thus prevent others from using it, all these gains, which accrue primarily to labor, can be demanded from labor by the owners of land, in higher rents and higher prices. Thus, as we see it, the march of improvement and invention has in- creased neither interest nor wages, but its general effect has evervwhere been to increase the value of land.
What to read after Social Problems?
You can find similar books in the "Read Also" column, or choose other free books by Henry George to read onlineMoreLess
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