Progress and Poverty · Chapter
Book VIII: Application of the Remedy explained
This chapter applies the proposed remedy—the single tax on land values—to the problem of poverty and inequality, arguing that it will restore natural economic justice, eliminate speculative landholding, and usher in a new era of progress an
What happens
This chapter applies the proposed remedy—the single tax on land values—to the problem of poverty and inequality, arguing that it will restore natural economic justice, eliminate speculative landholding, and usher in a new era of progress and prosperity.
Themes in this chapter
The Single Tax on Land Values
The chapter details the application of the single tax as the just and practical remedy for economic inequality.
Social Justice and Equality
The remedy is framed as a restoration of natural rights and a means to achieve social justice.
Characters to notice
- Unknown
The narrator presents the application of the single tax remedy, arguing for its justice and efficacy.
- David Ricardo
Ricardo's law of rent is referenced as the foundation for the remedy.
- John Stuart Mill
Mill's ideas on land value taxation are cited in support of the remedy.
Key passages
“The single tax, by taking the rent of land for public purposes, would leave to the producer the full produce of his labor.”
The single tax would allow workers to keep everything they earn, while using land rent for community needs.
Summarizes the core mechanism of the remedy.