To those who, seeing the vice and misery that spring from the unequal distribution of wealth and privilege, feel the possibility of a higher social state and would strive for its attainment.
San Francisco,
March, 1879
Edited and abridged for modern readers by Bob DrakePublished by the Robert Schalkenbach Foundation, 2006
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One of the world’s best-selling books on political economy
edited and abridged for modern readers.
Publisher’s Foreword by Cliff Cobb
Editor’s Preface by Bob Drake
Author’s Preface to the Fourth Edition
1. Why Traditional Theories of Wages are Wrong
2. Defining Terms
3. Wages Are Produced By Labor, Not Drawn From Capital
4. Workers Not Supported By Capital
5. The True Functions of Capital
6. The Theory of Population According to Malthus
7. Malthus vs. Facts
8. Malthus vs. Analogies
9. Malthusian Theory Disproved
10. Necessary Relation of the Laws of Distribution
11. The Law Of Rent
12. The Cause of Interest
13. False Interest
14. The Law Of Interest
15. The Law Of Wages
16. Correlating The Laws of Distribution
17. The Problem Explained
18. Dynamic Forces Not Yet Explored
19. Population Growth and Distribution of Wealth
20. Technology and the Distribution of Wealth
21. Speculation
22. The Root Cause of Recessions
23. The Persistence of Poverty Despite Increasing Wealth
24. Ineffective Remedies
25. The True Remedy
26. The Injustice of Private Property In Land
27. The Enslavement of Labor
28. Are Landowners Entitled to Compensation?
29. History of Land as Private Property
30. History of Property in Land in the US
31. Private Property in Land is Inconsistent with the Best Use of Land
32. Securing Equal Rights To Land
33. The Canons of Taxation
34. Endorsements And Objections
35. The Effect on Production
36. The Effect on The Distribution of Wealth
37. The Effect on Individuals and Classes
38. Changes in Society
39. The Cause of Human Progress
40. Differences in Civilizations
41. The Law of Human Progress
42. How Modern Civilization May Decline
43. The Central Truth
44. Conclusion: The Individual Life
by Agnes George deMille |