Progress and poverty

In 'Progress and Poverty', Henry George examines the paradox of why poverty and economic depressions occur alongside technological and economic progress.

He argues that the private ownership of land, which increases in value without the owner's effort, is a primary cause of poverty and economic cycles.

George proposes a single tax on land values as a remedy, suggesting it would reduce other taxes, encourage productive use of land, and distribute wealth more equitably.

The book was highly influential, contributing to the Progressive Era and worldwide social reform movements.