Henry George's 'Progress and Poverty' argues that private land ownership and rent cause persistent poverty, and proposes a land value tax as a solution.
Longer summary
This review examines Henry George's book 'Progress and Poverty', which argues that poverty persists alongside economic progress due to private land ownership and rent-seeking. George proposes a land value tax as a solution to eliminate speculation, encourage efficient land use, and fund public goods. The review covers George's theories on wages, capital, rent, and criticisms of prevailing economic ideas like Malthusianism.
Shorter summary