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Henry George and The Reconstruction of Capitalism
Author(s) -
Andelson Robert V.
Publication year - 1993
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.1536-7150.1993.tb02577.x
Subject(s) - george (robot) , capitalism , intervention (counseling) , capital (architecture) , economics , population , value (mathematics) , sociology , public economics , welfare economics , political science , geography , history , law , psychology , demography , computer science , archaeology , machine learning , art history , psychiatry , politics
A bstract . The moral basis for the recommendation of Henry George that land , not labor and capital, be taxed is explained. The justification is that the value of land is socially created by density of population and as a result of private and public improvements , such as roads and utilities. This policy is advocated on the basis of its very successful, if limited, use in many places. It is contended that the need for many forms of social intervention in the economic process, which have many side consequences, would be dramatically lessened.