The Condition of Labor An Open Letter to Pope Leo Xiii
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In our eReader you can find the full English version of the book. Read The Condition of Labor An Open Letter to Pope Leo Xiii 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 The Condition of Labor An Open Letter to Pope Leo Xiii
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Nor can the state cure poverty by regulating wages. It is as much beyond the power of the state to regulate wages as it is to regulate the rates of interest. Usury laws have been tried again and again, but the only effect they have ever had has been to increase what the poorer borrowers must pay, and for the same reasons that all attempts to lower by regulation the price of goods have always resulted merely in increasing them. The general rate of wages is fixed by the ease or difficulty with wh...ich labor can obtain access to land, ranging from the full earnings of labor, where land is free, to the least on which laborers can live and reproduce, where land is fully monopolized. Thus, where it has been com- paratively easy for laborers to get land, as in the United States and in Australasia, wages have been higher than in Europe and it has been impossible to get European laborers to work there for wages that they would gladly accept at home ; while as monopoli- zation goes on under the influence of private property 82 THE CONDITION OF LABOR.
What to read after The Condition of Labor An Open Letter to Pope Leo Xiii?
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:
Nor can the state cure poverty by regulating wages. It is as much beyond the power of the state to regulate wages as it is to regulate the rates of interest. Usury laws have been tried again and again, but the only effect they have ever had has been to increase what the poorer borrowers must pay, and for the same reasons that all attempts to lower by regulation the price of goods have always resulted merely in increasing them. The general rate of wages is fixed by the ease or difficulty with wh...ich labor can obtain access to land, ranging from the full earnings of labor, where land is free, to the least on which laborers can live and reproduce, where land is fully monopolized. Thus, where it has been com- paratively easy for laborers to get land, as in the United States and in Australasia, wages have been higher than in Europe and it has been impossible to get European laborers to work there for wages that they would gladly accept at home ; while as monopoli- zation goes on under the influence of private property 82 THE CONDITION OF LABOR.
What to read after The Condition of Labor An Open Letter to Pope Leo Xiii?
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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