CONTENTS
PREFACE vii
INTRODUCTORY CHAPTER: The Elements and Scope of the Problem xiii
General References xvii
SECTION I
THE MORALITY OF PRIVATE LANDOWNERSHIP AND RENT
CHAPTER PAGE
I THE LANDOWNER'S SHARE OF THE NATIONAL PRODUCT 3
II LANDOWNERSHIP IN HISTORY 8
III THE ARGUMENTS AGAINST PRIVATE LANDOWNERSHIP 19
IV PRIVATE OWNERSHIP THE BEST SYSTEM OF LAND TENURE 48
V PRIVATE LANDOWNERSHIP A NATURAL RIGHT 56
VI LIMITATIONS OF THE LANDOWNER'S RIGHT TO RENT 67
VII DEFECTS OF THE EXISTING LAND SYSTEM 74
VIII METHODS OF REFORMING OUR LAND SYSTEM 94
SECTION II
THE MORALITY OF PRIVATE CAPITAL AND INTEREST
IX THE NATURE AND THE RATE OF INTEREST 137
X
THE ALLEGED RIGHT OF LABOUR TO THE ENTIRE PRODUCT OF
INDUSTRY 145
XI THE SOCIALIST SCHEME OF INDUSTRY 152
XII ALLEGED INTRINSIC JUSTIFICATIONS OF INTEREST 171
XIII SOCIAL AND PRESUMPTIVE JUSTIFICATIONS OF INTEREST 187
XIV CO- OPERATION A PARTIAL SOLVENT OF CAPITALISM 210
SECTION III
THE MORAL ASPECT OF PROFITS
XV THE NATURE OF PROFITS 237
XVI THE PRINCIPAL CANONS OF DISTRIBUTIVE JUSTICE 243
XVII JUST PROFITS IN CONDITIONS OF COMPETITION 254
XVIII THE MORAL ASPECT OF MONOPOLY 262
XIX THE MORAL ASPECTS OF STOCKWATERING 279
XX THE LEGAL LIMITATION OF FORTUNES 291
XXI THE DUTY OF DISTRIBUTING SUPERFLUOUS WEALTH 303
SECTION IV
THE MORAL ASPECTS OF WAGES
XXII SOME UNACCEPTABLE THEORIES OF WAGE- JUSTICE 323
II Exchange- Equivalence Theories 326
III Productivity Theories 340
XXIII THE MINIMUM OF JUSTICE; A LIVING WAGE 356
XXIV THE PROBLEM OF COMPLETE WAGE JUSTICE 381
XXV METHODS OF INCREASING WAGES 400
XXVI SUMMARY AND CONCLUSION 426
INDEX 435