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Wealth and Want | |||||||
... because democracy alone is not enough to produce widely shared prosperity. | |||||||
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Beneficence of the Creator
Dr. Nulty goes on to say what every man who has
studied this subject will cordially endorse, that the
natural law of rent — that law by which population
increases the value of land in certain places and makes
it grow higher and higher — that principle by
which, as the city grows, land becomes more valuable
— that that is to his mind the
clearest and best proof, not merely of the intelligence
but of the beneficence of the Creator. For he
shows clearly that that is the natural provision by
virtue of which, if men would only obey God's law of
justice, if men would only obey the fundamental maxim of
Christianity to do to others as they would be done to
them: that by virtue of that provision, as the advance of
civilization went on, it would be towards a greater and
greater equality among men — not a now to a more
and more monstrous inequality. Read the whole speech
Weld Carter: A Clarion Call to Sanity, to Honesty, to Justice
I have already observed that the chief peculiarity
of the land of a country was that its value was never
stationary, that it was always progressive and rising,
that in fact it increased in a direct ratio with the
growth of the population and the advancing progress of
the industry of the nation.
It would seem as if Providence had destined the land to serve as a large economical reservoir, to catch, to collect and preserve the overflowing streams of wealth that are constantly escaping from the great public industrial works that are always going on in communities that are progressive and prosperous. Besides the permanent improvements that are made in the land itself, and which increase its productiveness and value, there are other industrial works not carried out on the land itself, but on its surroundings and in its vicinity, and which enhance its value very considerably. A new road is made for the accommodation of a district; a new bridge is thrown across a river or a stream to make two important localities accessible to each other; a new railway passes close by and connects it with certain large and important centres of industry; a new factory or a new mill is erected, or a new town is built in the neighbourhood. Industrial works like these add very materially to the value of all the land in their vicinity. It is a well-known fact that a new railway has in several instances doubled the value of the land through which it passed, in consequence of the increased facilities it had afforded for the sale of its agricultural products. In every state of society, which is progressive and improving, such industrial works are continually going on, and hence the value of the land is rising also everywhere. But its value rises enormously with the enlarged growth of the population of a nation, and with the increased productiveness of its industry. Read the whole letter
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Wealth and Want
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... because democracy alone hasn't yet led to a society
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