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Henry George's Political Critics

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  • Michael Hudson

Abstract

. Twelve political criticisms of George were paramount after he formed his own political party in 1887: (1) his refusal to join with other reformers to link his proposals with theirs, or to absorb theirs into his own campaign; (2) his singular focus on ground rent to the exclusion of other forms of monopoly income, such as that of the railroads, oil and mining trusts; (3) his almost unconditional support of capital, even against labor; (4) his economic individualism rejecting a strong role for government; (5) his opposition to public ownership or subsidy of basic infrastructure; (6) his refusal to acknowledge interest‐bearing debt as the twin form of rentier income alongside ground rent; (7) the scant emphasis he placed on urban land and owner‐occupied land; (8) his endorsement of the Democratic Party's free‐trade platform; (9) his rejection of an academic platform to elaborate rent theory; (10) the narrowness of his theorizing beyond the land question; (11) the alliance of his followers with the right wing of the political spectrum; and (12) the hope that full taxation of ground rent could be achieved gradually rather than requiring a radical confrontation involving a struggle over control of government.

Suggested Citation

  • Michael Hudson, 2008. "Henry George's Political Critics," American Journal of Economics and Sociology, Wiley Blackwell, vol. 67(1), pages 1-45, January.
  • Handle: RePEc:bla:ajecsc:v:67:y:2008:i:1:p:1-45
    DOI: 10.1111/j.1536-7150.2007.00560.x
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    Cited by:

    1. Thomas A. Garrett & Andrew F. Kozak & Russell M. Rhine, 2010. "Institutions and government growth: a comparison of the 1890s and the 1930s," Review, Federal Reserve Bank of St. Louis, vol. 92(Mar), pages 109-120.
    2. Richard Giles, 2009. "Henry George Under the Microscope: Comments on “Henry George's Political Critics”," American Journal of Economics and Sociology, Wiley Blackwell, vol. 68(5), pages 1153-1167, November.
    3. Tyler Shipley, 2016. "Enclosing the Commons in Honduras," American Journal of Economics and Sociology, Wiley Blackwell, vol. 75(2), pages 456-487, March.
    4. Franklin Obeng‐Odoom, 2020. "The African Continental Free Trade Area," American Journal of Economics and Sociology, Wiley Blackwell, vol. 79(1), pages 167-197, January.

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