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portada The Power in the Land: An Inquiry Into Unemployment, the Profits Crisis and Land Speculation
Type
Physical Book
Author
Publisher
Year
2021
Language
English
Pages
330
Format
Paperback
Dimensions
22.9x15.2x2 cm
Weight
0.50 kg.
ISBN13
9780856835421
Edition No.
0002
Categories

The Power in the Land: An Inquiry Into Unemployment, the Profits Crisis and Land Speculation

Fred Harrison (Author) · Shepheard-Walwyn Publishers · Paperback

The Power in the Land: An Inquiry Into Unemployment, the Profits Crisis and Land Speculation - Harrison, Fred

New Book Imported to New Zealand
Delivery: 26 Nov - 03 Dec Shipping: 5 to 6 business days.
NZ$ 74.33
Import costs and 15% GST included in the price ✅
NZ$ 74.33

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Synopsis "The Power in the Land: An Inquiry Into Unemployment, the Profits Crisis and Land Speculation "

Fred Harrison's thesis is that land speculation is the major cause of depressions. He shows how the land market functions as a junction box which regulates the power flowing between Labour and Capital, and how land speculation periodically throws the switches on the productive power of men and machines, causing economic stagnation. This theory was acknowledged by philosophers such as Adam Smith and Karl Marx, and social reformers ranging from Winston Churchill to Leo Tolstoy, but it has been forgotten by today's economists and policy-makers. The hypothesis is tested against the historical facts and the recent booms and slumps, and is found to offer a powerful explanation for postwar trends in unemployment and the distribution of income.

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