Abstract
Abstract. 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.
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