Subject: | |
From: | |
Date: | Thu Jun 22 18:37:56 2006 |
Content-Type: | text/plain |
Parts/Attachments: |
|
|
Did I misread James in his association of George with socialism. Here is
what he said-
"Rod (6/17/06) also says that he was "teasing James for suggesting that
one should be careful not to associate with Marxists." I meant nothing
of the sort. What I (6/15/06) wrote was "... I think people who refer to
themselves as Georgists must also bear in mind that Henry George had the
goal of establishing socialism with his single-tax proposal. I wish they
would not get overly excited when that motivation is brought up." It is
the equivalent of "if it walks like and duck and quacks like a duck,
it's a duck." In other words, if one employs a mode of analysis as well
as endorses policy prescriptions of a school of thought, one must accept
being associated with the common label of that school. Fair enough? I
don't mind associating with Marxists on a personal level. It's their
method of analysis and policy agenda that I find objectionable."
The last paragraph of my recent post was a direct quote from George's
Science of Political Economy showing at least that he did not identify
his views with either Marxism or socialism. Of course if you take the
position that land is the same as capital there might be justification
for the above view.
There have been many economists who have pointed out the fallacies in
the "wages fund theory." Francis A Walker, a bitter critic of what is
loosely called the "single tax" or collecting all or most of the ground
rent in lieu of all taxes on labor, capital or the wealth produced by
labor and capital said it was a proposal "steeped in infamy." But
Walker totally disagreed wth the wages fund doctrine. (Walker, Francis
A. Political Economy. London, Macmillan and Co. 1892. Part VI, pp.
364-370). I'm sure there are many contemporary economists who would also
disagree.
Again, a perusal of The Science of Political Economy, published 19 yrs
after Progress and Poverty an Inquiry into the cause of industrial
depressions and of increase of want with increase of wealth, THE REMEDY
would lead to more than a superficial understanding of where the author
stood.
Roy Davidson
|
|
|