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CONTENTS:

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Introduction to the Twenty-Fifth Anniversary Edition of "Progress And Poverty" 1

Preface to Fourth Edition. 4

Introductory. The Problem... 9

Book I. Wages and Capital 16

Chapter I. The Current Doctrine of Wages—Its Insufficiency. 16

Chapter II. The Meaning of the Terms. 24

Chapter III. Wages Not Drawn from Capital, but Produced by the Labor 36

Chapter IV. The Maintenance of Laborers Not Drawn from Capital 49

Chapter V. The Real Functions of Capital 55

Book II. Population and Subsistence. 61

Chapter I. The Malthusian Theory, Its Genesis and Support 61

Chapter II. Inferences from Facts. 69

Chapter III. Inferences from Analogy. 85

Chapter IV. Disproof of the Malthusian Theory. 92

Book III. The Laws of Distribution. 100

Chapter I. The Inquiry Narrowed to the Laws of Distribution—Necessary Relation of These Laws 100

Chapter II. Rent and the Law of Rent 108

Chapter III. Of Interest and the Cause of Interest 113

Chapter IV. Of Spurious Capital and of Profits Often Mistaken for Interest 124

Chapter V. The Law of Interest 128

Chapter VI. Wages and the Law of Wages. 134

Chapter VII. The Correlation and Co-ordination of These Laws 143

Chapter VIII. The Statics of the Problem Thus Explained. 145

Book IV. Effect of Material Progress Upon the Distribution of Wealth. 148

Chapter I. The Dynamics of the Problem Yet to Seek. 148

Chapter II. The Effect of Increase of Population Upon the Distribution of Wealth 150

Chapter III. The Effect of Improvements in the Arts upon the Distribution of Wealth 159

Chapter IV. Effect of the Expectation Raised by Material Progress. 166

Book V. The Problem Solved. 170

Chapter I. The Primary Cause of Recurring Paroxysms of Industrial Depression 170

Chapter II. The Persistence of Poverty Amid Advancing Wealth. 182

Book VI. The Remedy. 192

Chapter I. Insufficiency of Remedies Currently Advocated. 192

Chapter II. The True Remedy. 212

Book VII. Justice of The Remedy. 214

Chapter I. The Injustice of Private Property in Land. 214

Chapter II. The Enslavement of Laborers the Ultimate Result of Private Property in Land 223

Chapter III. Claim of Land Owners to Compensation. 230

Chapter IV. Property in Land Historically Considered. 237

Chapter V. Of Property in Land in the United States. 248

Book VIII. Application of the Remedy. 255

Chapter I. Private Property in Land Inconsistent with the Best Use of Land 255

Chapter II. How Equal Rights to the Land May Be Asserted and Secured 259

Chapter III. The Proposition Tried by the Canons of Taxation. 263

Chapter IV. Indorsements and Objections. 272

Book IX. Effects of the Remedy. 277

Chapter I. Of the Effect Upon the Production of Wealth. 277

Chapter II. Of the Effect Upon Distribution and Thence Upon Production 281

Chapter III. Of the Effect Upon Individuals and Classes. 286

Chapter IV. Of the Changes That Would Be Wrought in Social Organization and Social Life 290

Book X. The Law of Human Progress. 302

Chapter I. The Current Theory of Human Progress—Its Insufficiency. 302

Chapter II. Differences in Civilization— To What Due. 311

Chapter III. The Law of Human Progress. 322

Chapter IV. How Modern Civilization May Decline. 336

Chapter V. The Central Truth. 347

Conclusion. THE PROBLEM OF INDIVIDUAL LIFE.. 353

Endnotes: 360

Progress and Poverty

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