Henry George and the Crisis of Inequality
Progress and Poverty in the Gilded Age
-
- USD 26.99
-
- USD 26.99
Descripción editorial
America's remarkable explosion of industrial output and national wealth at the end of the nineteenth century was matched by a troubling rise in poverty and worker unrest. As politicians and intellectuals fought over the causes of this crisis, Henry George (1839–1897) published a radical critique of laissez-faire capitalism and its threat to the nation's republican traditions. Progress and Poverty (1879), which became a surprise best-seller, offered a provocative solution for preserving these traditions while preventing the amassing of wealth in the hands of the few: a single tax on land values. George's writings and years of social activism almost won him the mayor's seat in New York City in 1886. Though he lost the election, his ideas proved instrumental to shaping a popular progressivism that remains essential to tackling inequality today.
Edward T. O'Donnell's exploration of George's life and times merges labor, ethnic, intellectual, and political history to illuminate the early militant labor movement in New York during the Gilded Age. He locates in George's rise to prominence the beginning of a larger effort by American workers to regain control of the workplace and obtain economic security and opportunity. The Gilded Age was the first but by no means the last era in which Americans confronted the mixed outcomes of modern capitalism. George's accessible, forward-thinking ideas on democracy, equality, and freedom have tremendous value for contemporary debates over the future of unions, corporate power, Wall Street recklessness, government regulation, and political polarization.
PUBLISHERS WEEKLY
Henry George is too little known today, but he wrote the 19th century's bestselling book, Progress and Poverty, a work of political economy written for the general reader and still extremely relevant. George was also a moving force behind the formation of the New York City labor party that almost got him elected mayor. O'Donnell, an expert in Irish-American history at Holy Cross, brilliantly examines George through the lens of New York City and its Catholic politics of the 1870s and 1880s, while also explaining the stew of reform ideas and impulses of the day. George's historic proposal for a "single tax" never went far, but it aroused the political hopes of workers everywhere in the U.S. A man of deep learning and compassion, George was the working person's champion, and he constantly drew attention to the Gilded Age's stark class divide, with its shame of urban tenements and dangerous working conditions. His principles were what O'Donnell accurately terms "radical republicanism" a socialism shorn of Karl Marx that acknowledged capitalism's dynamism as well as its deep faults. Scholarly to the core, the book is nevertheless easy going, and it has the potential to reawaken interest in old-style labor politics.