Description: 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. 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 aesthetic errors may persist, however it has been deemed that any such will not detract from the work's significant historical value. The digital edition of all books may be viewed on our website before purchase.
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Original Language: English
Country/Region of Manufacture: America
Narrative Type: Nonfiction
Intended Audience: Adults
Personalize: No
Inscribed: No
Ex Libris: No
Personalized: No
Signed: No
Type: textbook
Book Title: Labor and Capital : A New Monetary System; the Only Means of Securing the Respective Rights of Labor and Property, and of Protecting the Public from Financial Revulsions (Classic Reprint)
Number of Pages: 416 Pages
Language: English
Publisher: Forgotten Books
Topic: General, Economics / General
Publication Year: 2015
Item Height: 0.8 in
Illustrator: Yes
Genre: Business & Economics, History
Item Weight: 19.6 Oz
Author: Edward Kellogg
Item Length: 9 in
Item Width: 6 in
Format: Trade Paperback
