Progress & Poverty

Adam Smith agricultural arise become cause chattel slavery civilisation common condition current political economy demand distribution of wealth doctrine drawn from capital duction effect employer England equal evident exchange exertion existing fact factors of production force give greater Herbert Spencer human idea improvements increase of population India individual industry John Stuart Mill justice labour and capital land values landowners latifundia law of rent law of wages Malthus Malthusian theory margin of cultivation material progress merely monopoly natural necessary owner ownership paid placer mining plane poverty power of labour present principle private property produce of labour production of wealth productive power profits progressive countries property in land recognised result slavery social society soil square mile subsistence taxation taxes tendency tends term things tion truth value of land wages and interest wages are drawn yield