The impending crisis : conditions resulting from the concentration of wealth…
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"The Impending Crisis: Conditions Resulting from the Concentration of Wealth in the United States" by Basil A. Bouroff is a socio-economic analysis written in the early 20th century. This work examines the severe inequalities in wealth distribution in the United States, illustrating how a small percentage of the population holds a disproportionate share of national wealth. The book seeks to diagnose the underlying issues causing social unrest and economic disparity, making it
relevant to discussions about class struggle and economic justice. The opening of the book presents a stark warning regarding the growing economic disparity in the United States at the turn of the century. Bouroff draws parallels between impending social upheaval and historical revolutions, emphasizing that the excessive concentration of wealth is leading society toward a critical tipping point. Using statistical data from the Eleventh Census, he highlights the alarming fact that a tiny fraction of the population controls a vast majority of wealth, creating a system where the majority are reduced to poverty and dependence. The author argues that this unequal distribution is unsustainable and predicts that it will inevitably result in social unrest as more individuals become economically disenfranchised. (This is an automatically generated summary.)
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About this eBook
| Author | Bouroff, Basil A., 1864- |
|---|---|
| LoC No. | 00004163 |
| Title | The impending crisis : conditions resulting from the concentration of wealth in the United States |
| Credits | E-text prepared by David Maranhao and the Online Distributed Proofreading Team (www.pgdp.net) from page images generously made available by Internet Archive (archive.org) |
| Reading Level | Reading ease score: 59.4 (10th to 12th grade). Somewhat difficult to read. |
| Language | English |
| LoC Class | HB: Social sciences: Economic theory, Demography |
| Subject | Wealth |
| Subject | United States -- Economic conditions |
| Subject | Trusts, Industrial |
| Category | Text |
| eBook-No. | 50424 |
| Release Date | Nov 10, 2015 |
| Last Update | Oct 22, 2024 |
| Copyright | Public domain in the USA. |
| Downloads | 413 downloads in the last 30 days. |
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