Tuesday, March 17, 2009

Tuesday's Great Thought

Back during the Gilded Age of the 1870s, Henry George emerged as a major critic of rampant industrialization and its impact on society, especially in relation to reshaping the underlying democratic social features of the United States. His book Progress and Poverty, from which the following quote is taken, became hugely influential on a wide range of reformers who sought to deal with the unchecked side effects of modern capitalism, and remains relevant today:

"So long as all the increased wealth which modern
progress brings goes but to build up great fortunes,
to increase luxury and make sharper the contrast
between the House of Have and the House of Want,
progress is not real and cannot be permanent."

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