Henry George (1839–1897)

J. E. King
Additional contact information
J. E. King: University of Lancaster

Chapter 5 in Economic Exiles, 1988, pp 82-108 from Palgrave Macmillan

Abstract: Abstract Imagine a society located upon a small island which is owned by a minority class of landlords; there are no capitalists as such. The other inhabitants either rent the land from the owners or work for them for wages. Competition for access to the land, or for employment, pushes wages down to a bare subsistence and enables the landlords to obtain all the remaining produce of the island. Any improvements in the efficiency of labour benefit only the landowners, and leave the mass of the population no better off.

Keywords: Political Economy; Real Wage; Private Ownership; Minority Class; Economic Rent (search for similar items in EconPapers)
Date: 1988
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-07743-4_5

Ordering information: This item can be ordered from
http://www.palgrave.com/9781349077434

DOI: 10.1007/978-1-349-07743-4_5

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().