British Social and Economic Problems - Softcover

Explained From A Non-Party Standpoint

 
9781333723156: British Social and Economic Problems

Synopsis

This book tackles the interconnected social and economic problems that are plaguing civilized society. The author, who was writing at the turn of the 20th century, posits that the key to a prosperous economy is a numerical excess of food producers over non-food producers. This is because food producers are the only true purchasers in an economy, and their purchases support all other industries. The author argues that the adoption of gold as an international standard has led to a situation where Britain, with its large currency, has become the most expensive manufacturing country in the world. The solution, the author proposes, is for Britain to revert to a purely national currency, which would give her a competitive advantage in manufacturing and allow her to once again become a leader in global trade. The author's insights on the importance of food production and the role of currency in economic prosperity are thought-provoking and highly relevant to the challenges faced by nations today.

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