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Chapter 3 - Progress and
Poverty -
From Poverty by James Platt
P63 POVERTY.
Great Eastern; the labourer gets his
wages, but the capitalist never gets his money back again; of what
value would " Great Eastern notes" be, had that costly vessel been
built, as Mr. George suggests such vessels might be, without the
aid of the useless capitalist ? We are told that -there is but one
way to remove an evil, and that is to remove its cause." To this
I heartily assent, but utterly differ as to the cause of the evil
referred to, as I should protest against the remedy suggested, even
if it were the
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cause, the remedy being worse than the disease.
But the cause assigned for the wages paid to labourers is not
the true one; the rate of wages must always be regulated by
the law of supply and demand-the proportion between the number
of the buyers and sellers-which regulates the price and remuneration
of all-labour, skill, and capital alike. Mr. George tells us
that "poverty deepens as wealth increases, and wages are forced
down while productive power grows, because land, which is the
source of all wealth and the field of all labour, is monopolized.
To extirpate poverty, to make wages what justice commands they
should be the full earnings of the labourer-we must therefore
substitute for the individual ownership of land a common ownership.
Nothing else will go to the cause of the evil-in nothing else
is there the slightest hope.
"This, then, is the remedy for the unjust and unequal distribution
of wealth apparent in modern civilization, and for all the evils
which flow from it.
" We must make land common property."
" I do not propose either to purchase or to confiscate
private property in land. The first would be unjust, the second
needless. Let the individuals who now hold it still retain,
if they want to, possession of what they are pleased to call
their land. Let them continue to call it their land. Let them
buy and sell, and bequeath and devise it. We may safely leave
them the shell, if we take the kernel. It is not necessary to
confiscate land ; it is only necessary to confiscate rent."
For the sake of argument, let us admit that the owners of land
believe, with Mr. George, that there is no other means to "extirpate
poverty," and they
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