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Henry George's Impact at Home and Abroad: He Won the Workers of Marx's Adopted Country But Through Leninism Marxism Has Won Half the World
Author(s) -
Bonaparte T. H.
Publication year - 1987
Publication title -
american journal of economics and sociology
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.199
H-Index - 38
eISSN - 1536-7150
pISSN - 0002-9246
DOI - 10.1111/j.1536-7150.1987.tb01771.x
Subject(s) - socialism , george (robot) , politics , bourgeoisie , capitalism , monopoly , economics , power (physics) , capital (architecture) , economic history , surplus value , democracy , law , political science , market economy , communism , history , art history , physics , archaeology , quantum mechanics
A bstract .Henry George , the American economist and social philosopher, considered it an anomoly that, under modern industrial conditions, progress and poverty should march together. He recognized that the juxtaposition of wealth and want was a worldwide phenomenon and traced its cause to monopoly, particularly the monopoly of land and natural resources. Realizing that current taxes on consumption and production were disincentives to capital and labor , he proposed that governments tax the only true surplus, economic rent, through land value taxation. This would enable the people to reassert their common title to the land—the earth. His message was accorded a more favorable reception abroad than at home. Karl Marx wrote Das Kapital in England but it was George, not Marx, who appealed to the British workers. Yet it was Marxism that swept half the world into State socialism , conquering by political power and bayonet‐Leninism while George's followers pursued the democratic approach of public education.