Municipal Socialism and Its Economic Limitations (Classic Reprint)
Language: English
Published by Forgotten Books, 2024
- Softcover
- New



Seller: Forgotten Books, London, United KingdomForgotten Books
AbeBooks seller since June 2, 2021
Condition: New
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Print on Demand. This insightful book explores the unfolding movement of municipal socialism in cities, particularly the case of New York at the turn of the 19th century. Amidst an era of rapid urbanization and the expansion of municipal activities, the author investigates the growing economic divide between the wealthy and the urban poor. Delving into the socio-economic backdrop of the time, the book sheds light on the role of philanthropy, the changing perception of social justice, and the interplay of altruism and self-interest that drove the movement. The author argues that municipal socialism aimed not just at providing public services, but at addressing deep-rooted social issues by redistributing wealth from the rich to the poor. The book cautions that these well-intentioned efforts can only go so far without adverse economic consequences for the very people they intend to help. In the end, the book serves as a thought-provoking historical analysis that cautions against the potential downsides of unchecked municipal socialism while acknowledging its allure as a means of addressing pressing social and economic challenges. 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 # 9781334471421_0
- Title
- Municipal Socialism and Its Economic Limitations (Classic Reprint)
- Author
- Edgar J. Levey
- Publisher
- Forgotten Books
- Publication year
- 2024
- Condition
- New
- Book Type
- print-on-demand item
- Binding
- Paperback
- Language
- English
- ISBN 10
- 1334471428
- ISBN 13
- 9781334471421
- Seller catalogs
- Economics
The accumulation of wealth is regarded by normal men as a means and not an end. The purposes to which wealth is ap plied or for which it is consumed vary according to the ideals of society in its different stages. When the more primitive problems of self-support are solved and the gratification of the animal pleasures becomes easier, the growth of sympathy is fostered and the exercise of it encouraged. With increasing wealth the purely selfish interest of many develops into a broader social interest, and one of the manifestations of this social interest is the desire to render aid to the weak and un fortunate. Wealth itself has an exchange value, and with its increase comes a decline in that value and an increase in the price which the wealthy are ready to pay for social betterment.
What concerns us now, therefore, is to ascertain, if possible, whether this movement which we call municipal socialism can really continue until it shall result, in the language of Mr. Shaw, in the practical abrogation of property, and if not, what causes will check it and at what stage of its progress.
Municipal socialism aims at the municipalization of two kinds of human effort, the one economic, the other humanitarian, which, though not wholly unrelated, are in the main distinct and to some extent even antagonistic to each other: (1) public ownership, operation or control of industrial functions, espe cially those which are monopolistic in character, such as water supply, lighting, street railways and telephone service; and (2) philanthropic improvement of social conditions. Municipal activity in the field of economic effort, however strongly it may tempt us to tax one class in a community for the benefit of an other, is not necessarily incompatible with improved efficiency and economic profit. In so far as these results may safely be predicted, the movement towards municipal socialism need cause no concern. If a city can supply its inhabitants with gas or electric light of a better quality or at cheaper rates than a private monopoly, and if the prices charged are high enough to render the enterprise self-sustaining, so that it is unnecessary to resort to taxation, no injustice is done to any one, and certainly there is no resulting threat of abrogation of property.
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.
"Synopsis" may belong to another edition of this title.
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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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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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