Henry George and How Growth in Real Estate Contributes to Inequality and Financial Instability
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Beschreibung
This Palgrave Pivot contextualizes Henry George as an important and uniquely American figure in the fields of economics and political economy, with special emphasis on the frontier and innovation. This book discusses George’s concept of rent as the result of economic progress, explains George’s argument that the rise in rents caused by economic progress in turn generates inequality and poverty, and examines the relevance of these ideas in today’s financialized global economy. This book adds to the very necessary discussion of whether our current financial industry is a benefit or a drain on human economic well-being.
This Palgrave Pivot contextualizes Henry George as an important and uniquely American figure in the fields of economics and political economy, with special emphasis on the frontier and innovation. This book discusses George’s concept of rent as the result of economic progress, explains George’s argument that the rise in rents caused by economic progress in turn generates inequality and poverty, and examines the relevance of these ideas in today’s financialized global economy. This book adds to the very necessary discussion of whether our current financial industry is a benefit or a drain on human economic well-being.
Extends Henry George's ideas from land and rent to other forms of rent and to financial assets Extends Henry George's proposal of a single tax on land to taxes on financial rents and wealth Provides an innovative approach to the current arguments surrounding a financial tax, financialization and financial instability and the role of government in the economy
Autor*in
Edward Nell
Themen in »Henry George and How Growth in Real Estate Contributes to Inequality and Financial Instability«
Henry George rent class rentier inequality rent real estate populism progress Marshallian Technology financialization wealth accumulation securities holdings