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The Possibility of Progress Reviewed |
[A review of the
book, The Possibility of Progress, by Mark Braund (Shepheard
Walwyn, 2005)]
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In 1999, when I ran the British Henry George Foundation, a benefactor
offered £10,000 to any well known author, new to the subject of
land value taxation (LVT), who would write "the book that Henry
George would have written if he'd been alive today". Although this
is Mark Braund's first book, I believe he could have earned the prize.
Unfortunately for him, the HGF benefactor and his offer died in 2002.
br> Copiously researched and crisply but elegantly written, Braund
has put together a series of arguments addressing the modern conundrum
of growing poverty alongside growing 'progress'. He leads us inevitably
towards the conclusion that the path of neo-classical economics has been
an unnecessary and potentially fatal cul-de-sac from which only a
restoration of 'common wealth' (resource rents) to society as public
revenue can save us. It is rare for any exposition of the case for LVT
to be so thorough, unemotional and yet readable. Not until half-way
through chapter ten, after 210 out of 284 pages, does Braund introduce
Ricardo's classic law of rent (like the law of gravity, not a law that
can be repealed). Henry George's role in the history of political
economy briefly follows suit.
Most of the book is spent examining pieces of the puzzle of humanity's
failure to achieve economic and social justice. Defining progress as "movement
towards a more equitable, inclusive and sustainable global social order",
he carefully dispels any notion that such progress is impossible,
calling on a range of writing from such disciplines as: socio-biology;
behavioural genetics; anthropology; economic history; ethics; ecology;
global finance and debt re-structuring.
Braund shows that there is nothing inevitable about progress but that
it is in our grasp if we collectively choose to challenge the
conventional wisdom of establishment economists and rulers. No part of
humanity is more - or less - well adapted biologically or culturally to
achieve the kind of progress that we almost all aspire to: what he calls
"universalism". This can be described as "when no human
being should take action, or participate in group actions, which
compromise the Golden Rule" of human behaviour: something like 'do
as you would be done by'.
In his chapter "Moral Development" Braund points out that "in
the modern world virtually all acts of spending and consumption have
such a dimension" that makes it possible, given sufficient
information, to decide whether to support or undermine this Rule. If, as
he says, "ethics and politics are inseparable" and humanity
has "now taken absolute conscious control over the means by which
we provide for our physical survival, it follows that ethics can no
longer be considered without reference to economics". Moreover "politics
is the tool applied by society in its management of the economy"
and "an economy which relies exclusively on competition can never
provide for universal needs".
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