...this inquiry, I proceed to examine the explanation currently given in the name of political economy of the reason why, in spite of the increase of productive power, wages tend to the minimum of a bare living. This examination shows that the current doctrine of wages is...

...doubts of the reality and ultimate goal of what we have fondly called progress, are now explained. The reason why, in spite of the increase of productive power, wages constantly tend to a minimum which anil give but <t ban living, is that, with increase in productive power, rent tends to even greater...

...with the confidence which gives to a paradox the air of an axiom, the following proposition : — ' The reason why, in spite of the increase of productive...a constant tendency to the forcing down of wages.' And in another place he reiterates the great economical heresy with which his mind is possessed : —...

...asserting, with the confidence which gives to a paradox the air of an axiom, the following proposition : — "The reason why, in spite of the increase of. productive...increase, thus producing a constant tendency to the forcing-down of wages." And in another place he reiterates the great economical heresy with which his...

...of his economic argument in his chapter on " The Problem Solved " :— " The reason why, in spite of increase of productive power, wages constantly tend...constant tendency to the forcing down of wages."* I have already explained the fallacy which would attribute to an increase in the value of land in Georgia...

...suggestjdoubts of the reality and ultimate goal of what we have fondly called progress, are now explained. The reason why, in spite of the increase of productive power, wages constantly te»d to a minimum which will give but a* bare living, is that, with increase in productive power,...

...consequently to diminish the proportion of the produce which goes to capital and labour ; and that the reason why, in spite of the increase of productive power, wages constantly tend to a minimum which gives but a bare living, is that with the increase ot productive power rent tends to even greater increase,...

...life. Having thus disposed of Malthus, Mr. George gives his own theory. He says " the reason why wages tend to a minimum which will give but a bare living" is because of rent; ie, the rise of land values, and this is occasioned by the private ownership of land...

...this intoiry, I proceed to examine the explanation currently given in the MM of political economy of the reason why, in spite of the increase of productive power, wages tend to the minimum of a bare living. This examination shows that the current doctrine of wages is...

...will become steadily worse : " Rent swallows up the whole gain, and pauperism accompanies progress." " The reason why, in spite of the increase of productive...a constant tendency to the forcing down of wages." 1 1 Progress and Poverty, Book V, Chapter II. Other statements showing the extreme position of George...