The People's Progress: A Study of the Facts of National Wealth, with Some Answers to Socialists (Classic Reprint)

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Excerpt from The People's Progress: A Study of the Facts of National Wealth, With Some Answers to SocialistsThis volume is the outcome of a private discussion (1) as to the extent to which the Artisan Class has benefited by the undoubted progress of the people of this country during the last sixty years, and (2) as to the possibility of gain to that class by a Socialistic redistribution of our present national income.Inquiry upon these two questions has resolved itself into an investigation of the Socialist dictum that "the proportion of income received by the Manual Labour Class is very small in comparison with the proportion received by Capital." In the following pages an attempt has been made to define and compare these proportions, and to show, from the point of view of a pronounced Individualist, how fallacious are many of the so-called "facts" brought forward by Socialist writers, in relation not only to the Distribution of Income, but also to the Rewards of Capital.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully, any imperfections that remain are intentionally left to preserve the state of such historical works.