Labor and Capital: A New Monetary System (Classic Reprint)
Language: English
Published by Forgotten Books, 2018
- Softcover
- New
Seller: Forgotten Books, London, United KingdomForgotten Books
AbeBooks seller since June 2, 2021
Condition: New
£ 17.79
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Print on Demand. This book explores a fundamental question that has plagued societies throughout history: why do the wealthy few prosper while the majority of laborers struggle in poverty? The author delves into the inner workings of a nation's monetary system, arguing that money, as the foundation of all contracts and exchanges, has an extraordinary impact on the distribution of wealth. The author highlights the often overlooked power of interest rates, which he contends disproportionately benefit those who hold capital, allowing them to accumulate wealth at the expense of those who produce. The book's analysis extends beyond mere economic theory; it delves into the social and moral implications of unjust distribution, arguing that a nation's laws should ensure fair compensation for labor and not allow a select few to amass wealth while the majority remain in poverty. The author's insightful critique of existing monetary systems, and his call for a more equitable and just approach to wealth distribution, offers a fresh perspective on a timeless debate. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book.…
Seller Inventory # 9781330131510_0
- Title
- Labor and Capital: A New Monetary System (Classic Reprint)
- Author
- Edward Kellogg, Mary Kellogg Putnam
- Publisher
- Forgotten Books
- Publication year
- 2018
- Condition
- New
- Book Type
- print-on-demand item
- Binding
- Paperback
- Language
- English
- ISBN 10
- 1330131517
- ISBN 13
- 9781330131510
- Seller catalogs
- Economics
A moderate amount of labor readily produces an abun dant supply of necessaries and comforts for man; but the present distribution of these products is such, that a large number of those who labor much more than their share in the production, receive a very small proportion of the products, while the larger proportion accumulates in the possession of those who are employed neither in produc ing nor in distributing them. The greater portion of the human family toil day by day for a scanty subsistence, and are destitute of the time and means for social and in tellectual culture. The industrious poor, as a class, do not obtain even a competence. Their destitution often in duces them to trespass against existing laws, to obtain a small proportion of that, which, under just laws, would be abundantly awarded to them as a fair compensation for their labor. All candid men will acknowledge this truth, that the wealth is not distributed in accordance with either the physical or the mental usefulness of those who obtain it. Opposed to the masses who live in toil and poverty, is a small proportion of the human race, sur rounded by all the appliances of luxury, and living in comparative idleness; while their abundant means of so cial and intellectual culture are too often neglected, or ren dered useless by indolence and self-indulgence. These extremes of wealth and poverty, of luxury and want, of idleness and labor, are great, somewhat in proportion to the antiquity of a nation, or the length of time that its monetary law, or system, has been in operation.
About the Publisher
Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com
This 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.
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Forgotten Books
London, United Kingdom
AbeBooks seller since June 2, 2021
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Forgotten Books’ Classic Reprint Series utilizes the latest technology to regenerate facsimiles of historically important writings. Careful attention has been made to accurately preserve the original format of each page whilst digitally enhancing the quality of the aged text.
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FB &c Ltd
Dalton House, 60 Windsor Avenue
London, United Kingdom SW19 2RR
Forgotten Books publishes hundreds of thousands of rare and classic books.
This 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.
This text has been digitally restored from a historical edition. Some errors may persist, however we consider it worth publishing due to the work's historical value.
The digital edition of all books may be viewed before purchase if you request a sample.
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