Summary

Portrait of Henry George Henry George,  Progress and Poverty (George)… (1879)

“ And so, if we reduce to their lowest terms all the complex operations of modern production, we see that each individual who takes part in this infinitely subdivided and intricate network of production and exchange is really doing what the primeval man did when he climbed the trees for fruit or followed the receding tide for shellfish-endeavouring to obtain from nature by the exertion of his powers the satisfaction of his desires. ”
Source: Wikisource

Portrait of Henry George Henry George,  Progress and Poverty (George)… (1879)

“ For, upon the assumption that wages are drawn directly from capital, and not from the product of labour, is based, not only the doctrine that wages depend upon the ratio between capital and labour, but the doctrine that industry is limited by capital - that capital must be accumulated before labour is employed, and labour cannot be employed except as capital is accumulated ”
Source: Wikisource

Portrait of Henry George Henry George,  Progress and Poverty (George)… (1879)

“ Principles common to all societies The fundamental truth, which in all economic reasoning must be firmly grasped and never let go, is that society in its most highly developed form is but an elaboration of society in its rudest beginnings. Principles that are obvious in the simpler relations of men are merely disguised and not abrogated or reversed by the more intricate relations that result from the division of labour and the use of complex tools and methods. ”
Source: Wikisource

Get perspective with Kwize: daily news enlightened by great literature