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Excerpt from Alluring Absurdities: Fallacies of Henry George
I have followed Mr. George through all his reasonings, Sophistries, and illustrations, and have exposed fallacy after fallacy, with a frequency that is monotonous, and for which I beg the reader's kind indulgence.
In treating the Malthusian theory, I did not acquiesce in it, but merely exposed Mr. George's fallacious reasoning and called attention to his contradictory statements.
In treating of rent, I have exposed many fallacies, but, perhaps, no greater one than that labor and capital engaged in manufactures will turn to agriculture, if the return be greater in the latter than in the former, by showing the impossibility of using the capital employed in manu factures - consisting of mills, machinery, and the like - in agriculture. Indeed, one of the most fruitful sources of error is the hypothesis that capital and labor may change at pleasure from one industry to another. Theoretically they may practically they cannot.
So, too, the theory of the margin of cultivation is only a fiction. Mr. George merely follows Ricardo and others, and they, in turn, followed vulgar beliefs. I have shown that.
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Paperback. Zustand: New. Print on Demand. This book overturns erroneous theories and false teachings on the great question of wages. The author challenges the idea that wages are invariably drawn from the product for which they are paid, and suggests practical remedies for existing evils in the wage system. The work exposes fallacies in the theories of Henry George, notably his assertion that wages are not a reward but a gift, thereby undermining his proposal for a single land tax. The author instead argues that wages are drawn from the product of labor and that capital unduly appropriated the earnings of labor. To remedy this, the book advocates a maximum of wealth, beyond which no individual may lawfully accumulate, and a graduated income and legacy tax. It also proposes a minimum of wages, below which it would be unlawful for any employer to engage and compensate labor. The book concludes by calling for education, the press, and the Church to be included in the science of government. Its thought-provoking insights offer a fresh perspective on the complex and enduring problem of wages and wealth distribution. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Bestandsnummer des Verkäufers 9781334474897_0
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